Notable Two Hundred Day Moving Average Cross - FAX

In trading on Monday, shares of Aberdeen Asia-Pacific Income Fund ( FAX) crossed below their 200 day moving average of $6.09, changing hands as low as $6.08 per share. Aberdeen Asia-Pacific Income Fund shares are currently trading off about 0.3% on the day. The chart below shows the one year performance of FAX shares, versus its 200 day moving average:

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Aberdeen Asia-Pacific Income Fund 200 Day Moving Average Chart

Looking at the chart above, FAX's low point in its 52 week range is $5.71 per share, with $6.61 as the 52 week high point — that compares with a last trade of $6.09.

According to the ETF Finder at ETF Channel, FAX makes up 1.98% of the PowerShares CEF Income Composite Portfolio ETF ( PCEF) which is trading higher by about 0.1% on the day Monday.

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