China Financials Breaks Above 200-Day Moving Average - Bullish For CHIX

In trading on Monday, shares of the China Financials ETF ( CHIX) crossed above their 200 day moving average of $12.74, changing hands as high as $12.83 per share. China Financials shares are currently trading up about 1.5% 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 $10.35 per share, with $14.72 as the 52 week high point — that compares with a last trade of $12.77.
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