iShares MSCI Germany Breaks Above 200-Day Moving Average - Bullish for EWG

In trading on Friday, shares of the iShares MSCI Germany ETF (Symbol: EWG) crossed above their 200 day moving average of $28.06, changing hands as high as $28.25 per share. iShares MSCI Germany shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of EWG shares, versus its 200 day moving average:

iShares MSCI Germany 200 Day Moving Average Chart

Looking at the chart above, EWG's low point in its 52 week range is $24.40 per share, with $33.41 as the 52 week high point — that compares with a last trade of $28.22.

Click here to find out which 9 other ETFs recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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