iShares J.P. Morgan USD Emerging Markets Bond ETF Breaks Below 200-Day Moving Average
On Tuesday, shares of the iShares J.P. Morgan USD Emerging Markets Bond ETF (Symbol: EMB) dropped below their 200-day moving average of $90.74. The ETF traded as low as $90.63 during the session, reflecting a modest decrease of about 0.1% for the day. The performance chart below illustrates EMB’s movement over the past year in relation to its 200-day moving average:
Upon examining the chart, it’s notable that EMB’s 52-week range has experienced a low of $86.40 per share and a high of $93.97. As of the last trade, the share price stood at $90.75, placing it comfortably within this range.
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