EDZ Crosses Below Key Moving Average Level

In trading on Friday, shares of the Daily Emerging Markets Bear 3x Shares ETF ( EDZ) crossed below their 200 day moving average of $51.62, changing hands as low as $50.60 per share. Daily Emerging Markets Bear 3x Shares shares are currently trading off about 2.6% on the day. The chart below shows the one year performance of EDZ shares, versus its 200 day moving average:

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Daily Emerging Markets Bear 3x Shares 200 Day Moving Average Chart

Looking at the chart above, EDZ's low point in its 52 week range is $42.25 per share, with $75.58 as the 52 week high point — that compares with a last trade of $51.31.
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