India Consumer Breaks Above 200-Day Moving Average - Bullish For INCO

In trading on Thursday, shares of the India Consumer ETF ( INCO) crossed above their 200 day moving average of $22.20, changing hands as high as $22.36 per share. India Consumer shares are currently trading up about 4.9% on the day. The chart below shows the one year performance of INCO shares, versus its 200 day moving average:

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India Consumer 200 Day Moving Average Chart

Looking at the chart above, INCO's low point in its 52 week range is $17.10 per share, with $25.22 as the 52 week high point — that compares with a last trade of $22.36.
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