iShares Asia 50 Breaks Above 200-Day Moving Average - Bullish for AIA

In trading on Friday, shares of the iShares Asia 50 ETF (AIA) crossed above their 200 day moving average of $47.65, changing hands as high as $48.31 per share. iShares Asia 50 shares are currently trading up about 2.2% on the day. The chart below shows the one year performance of AIA shares, versus its 200 day moving average:

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iShares Asia 50 200 Day Moving Average Chart

Looking at the chart above, AIA's low point in its 52 week range is $42.78 per share, with $51.37 as the 52 week high point — that compares with a last trade of $48.12.

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