EMCD Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of the SPDR BofA Merrill Lynch Emerging Markets Corporate Bond ETF (EMCD) crossed below their 200 day moving average of $30.15, changing hands as low as $29.56 per share. SPDR BofA Merrill Lynch Emerging Markets Corporate Bond shares are currently trading off about 2.1% on the day. The chart below shows the one year performance of EMCD shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »

SPDR BofA Merrill Lynch Emerging Markets Corporate Bond 200 Day Moving Average Chart

Looking at the chart above, EMCD's low point in its 52 week range is $28.87 per share, with $32.15 as the 52 week high point — that compares with a last trade of $29.89.

More from Stocks

Trump's 'Space Force' Could Launch a $1 Trillion Industry, Morgan Stanley Says

Trump's 'Space Force' Could Launch a $1 Trillion Industry, Morgan Stanley Says

Abiomed Stock Should Rise Some 12% From Here, Piper Jaffray Analyst Says

Abiomed Stock Should Rise Some 12% From Here, Piper Jaffray Analyst Says

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat