SPDR S&P Emerging Middle East & Africa Breaks Above 200-Day Moving Average - Bullish for GAF

In trading on Monday, shares of the SPDR S&P Emerging Middle East & Africa ETF (GAF) crossed above their 200 day moving average of $65.47, changing hands as high as $66.65 per share. SPDR S&P Emerging Middle East & Africa shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of GAF shares, versus its 200 day moving average:

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SPDR S&P Emerging Middle East & Africa 200 Day Moving Average Chart

Looking at the chart above, GAF's low point in its 52 week range is $56.97 per share, with $73.06 as the 52 week high point — that compares with a last trade of $66.36.

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