IShares MSCI Emerging Markets Asia Breaks Above 200-Day Moving Average - Bullish For EEMA

In trading on Tuesday, shares of the iShares MSCI Emerging Markets Asia ETF (EEMA) crossed above their 200 day moving average of $55.00, changing hands as high as $55.25 per share. iShares MSCI Emerging Markets Asia shares are currently trading up about 0.9% on the day. The chart below shows the one year performance of EEMA shares, versus its 200 day moving average:

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iShares MSCI Emerging Markets Asia 200 Day Moving Average Chart

Looking at the chart above, EEMA's low point in its 52 week range is $48.46 per share, with $63.34 as the 52 week high point — that compares with a last trade of $55.28.

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