EWD Crosses Below Key Moving Average Level

In trading on Monday, shares of the iShares MSCI Sweden ETF (EWD) crossed below their 200 day moving average of $33.52, changing hands as low as $33.35 per share. iShares MSCI Sweden shares are currently trading off about 2.1% on the day. The chart below shows the one year performance of EWD shares, versus its 200 day moving average:

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iShares MSCI Sweden 200 Day Moving Average Chart

Looking at the chart above, EWD's low point in its 52 week range is $29.42 per share, with $36.07 as the 52 week high point — that compares with a last trade of $33.43.

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