CHIX Crosses Below Key Moving Average Level

In trading on Tuesday, shares of the China Financials ETF (CHIX) crossed below their 200 day moving average of $12.57, changing hands as low as $12.55 per share. China Financials shares are currently trading off about 1.3% on the day. The chart below shows the one year performance of CHIX shares, versus its 200 day moving average:

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China Financials 200 Day Moving Average Chart

Looking at the chart above, CHIX's low point in its 52 week range is $10.31 per share, with $14.72 as the 52 week high point — that compares with a last trade of $12.60.

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