AAXJ Breaks Below Critical Moving Average Threshold

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iShares MSCI All Country Asia ex Japan ETF Sees Significant Market Shift

In trading on Friday, shares of the iShares MSCI All Country Asia ex Japan ETF (Symbol: AAXJ) dipped below their 200-day moving average, recorded at $73.70. The shares traded as low as $72.97 during the day, reflecting a decline of approximately 1.6%. The chart below illustrates the one-year performance of AAXJ relative to its 200-day moving average:

iShares MSCI All Country Asia ex Japan 200 Day Moving Average Chart

Examining this chart reveals that AAXJ’s 52-week low stands at $65.30, while its 52-week high reached $82.25. In comparison, the most recent trade price was $73.58.


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

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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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