iShares MSCI Indonesia Breaks Above 200-Day Moving Average - Bullish for EIDO

In trading on Thursday, shares of the iShares MSCI Indonesia ETF (EIDO) crossed above their 200 day moving average of $27.62, changing hands as high as $27.64 per share. iShares MSCI Indonesia shares are currently trading up about 2.6% on the day. The chart below shows the one year performance of EIDO shares, versus its 200 day moving average:

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iShares MSCI Indonesia 200 Day Moving Average Chart

Looking at the chart above, EIDO's low point in its 52 week range is $23.70 per share, with $29.83 as the 52 week high point — that compares with a last trade of $27.59.

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