EEM Makes Notable Cross Below Critical Moving Average
In trading on Tuesday, shares of the iShares MSCI Emerging Markets ETF (Symbol: EEM) crossed below their 200 day moving average of $39.05, changing hands as low as $38.84 per share. iShares MSCI Emerging Markets shares are currently trading down about 0.5% on the day. The chart below shows the one year performance of EEM shares, versus its 200 day moving average:
Looking at the chart above, EEM's low point in its 52 week range is $36.375 per share, with $42.53 as the 52 week high point — that compares with a last trade of $39.08.
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