BLDRS Emerging Markets 50 ADR Index Fund Breaks Above 200-Day Moving Average - Bullish For ADRE

In trading on Thursday, shares of the BLDRS Emerging Markets 50 ADR Index Fund ETF (ADRE) crossed above their 200 day moving average of $37.71, changing hands as high as $37.72 per share. BLDRS Emerging Markets 50 ADR Index Fund shares are currently trading up about 1.8% on the day. The chart below shows the one year performance of ADRE shares, versus its 200 day moving average:

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BLDRS Emerging Markets 50 ADR Index Fund 200 Day Moving Average Chart

Looking at the chart above, ADRE's low point in its 52 week range is $32.07 per share, with $41.48 as the 52 week high point — that compares with a last trade of $37.72.
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