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iShares MSCI Switzerland Index Fund Falling Today on Above-Average Volume (EWL)
Jan 03, 2013 (SmarTrend(R) News Watch via COMTEX) --
The price of iShares MSCI Switzerland Index Fund shares has slipped to $26.96 (a 1.0% change) on heavy trading volume. About 433,000 shares have been traded today, as compared to the 30-day average volume of 306,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.
SmarTrend recommended that subscribers consider buying shares of iShares MSCI Switzerland Index Fund on November 30th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $26.18. Since that recommendation, shares of iShares MSCI Switzerland Index Fund have risen 4.0%. We continue to monitor EWL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
iShares MSCI Switzerland Index Fund share prices have moved between a 52-week high of $27.26 and a 52-week low of $21.69 and are now trading 24% above that low price at $26.94 per share. The 200-day and 50-day moving averages have moved 0.13% higher and 0.22% higher over the past week, respectively.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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