SPDR Russell/Nomura PRIME Japan Breaks Above 200-Day Moving Average - Bullish for JPP

In trading on Monday, shares of the SPDR Russell/Nomura PRIME Japan ETF ( JPP) crossed above their 200 day moving average of $44.47, changing hands as high as $44.68 per share. SPDR Russell/Nomura PRIME Japan shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of JPP shares, versus its 200 day moving average:

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SPDR Russell/Nomura PRIME Japan 200 Day Moving Average Chart

Looking at the chart above, JPP's low point in its 52 week range is $38.14 per share, with $47.36 as the 52 week high point — that compares with a last trade of $44.60.

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