EEMA Crosses Below Key Moving Average Level

In trading on Wednesday, shares of the iShares MSCI Emerging Markets Asia ETF (EEMA) crossed below their 200 day moving average of $54.65, changing hands as low as $53.93 per share. iShares MSCI Emerging Markets Asia shares are currently trading down about 1.5% on the day. The chart below shows the one year performance of EEMA shares, versus its 200 day moving average:

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iShares MSCI Emerging Markets Asia 200 Day Moving Average Chart

Looking at the chart above, EEMA's low point in its 52 week range is $48.46 per share, with $58.71 as the 52 week high point — that compares with a last trade of $54.36.

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