BRXX Makes Notable Cross Below Critical Moving Average

In trading on Wednesday, shares of the EGShares Brazil Infrastructure ETF (BRXX) crossed below their 200 day moving average of $16.45, changing hands as low as $16.33 per share. EGShares Brazil Infrastructure shares are currently trading down about 0.7% on the day. The chart below shows the one year performance of BRXX shares, versus its 200 day moving average:

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EGShares Brazil Infrastructure 200 Day Moving Average Chart

Looking at the chart above, BRXX's low point in its 52 week range is $14.23 per share, with $19.67 as the 52 week high point — that compares with a last trade of $16.39.

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