IShares MSCI Brazil Capped Index Fund Breaks Above 200-Day Moving Average - Bullish For EWZ

In trading on Tuesday, shares of the iShares MSCI Brazil Capped Index Fund ETF ( EWZ) crossed above their 200 day moving average of $54.65, changing hands as high as $55.09 per share. iShares MSCI Brazil Capped Index Fund shares are currently trading up about 0.7% on the day. The chart below shows the one year performance of EWZ shares, versus its 200 day moving average:

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iShares MSCI Brazil Capped Index Fund 200 Day Moving Average Chart

Looking at the chart above, EWZ's low point in its 52 week range is $48.27 per share, with $58.08 as the 52 week high point — that compares with a last trade of $54.90.
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