EUM Crosses Below Key Moving Average Level
In trading on Wednesday, shares of the ProShares Short MSCI Emerging Markets ETF (Symbol: EUM) crossed below their 200 day moving average of $16.86, changing hands as low as $16.79 per share. ProShares Short MSCI Emerging Markets shares are currently trading off about 2.5% on the day. The chart below shows the one year performance of EUM shares, versus its 200 day moving average:
Looking at the chart above, EUM's low point in its 52 week range is $15.0068 per share, with $21.33 as the 52 week high point — that compares with a last trade of $16.87.
Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »
Further EUM Research:
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.