IShares Asia Developed Real Estate Breaks Above 200-Day Moving Average - Bullish For IFAS

In trading on Wednesday, shares of the iShares Asia Developed Real Estate ETF ( IFAS) crossed above their 200 day moving average of $34.27, changing hands as high as $34.32 per share. iShares Asia Developed Real Estate shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of IFAS shares, versus its 200 day moving average:

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iShares Asia Developed Real Estate 200 Day Moving Average Chart

Looking at the chart above, IFAS's low point in its 52 week range is $30.24 per share, with $39.04 as the 52 week high point — that compares with a last trade of $34.22.
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