iShares MSCI Emerging Markets Breaks Above 200-Day Moving Average – Bullish for EEM

In trading on Thursday, shares of the iShares MSCI Emerging Markets ETF (Symbol: EEM) crossed above their 200 day moving average of $43.11, changing hands as high as $43.32 per share. iShares MSCI Emerging Markets shares are currently trading up about 1.9% 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 $38.265 per share, with $47.44 as the 52 week high point — that compares with a last trade of $43.34.