Breaking Above the Threshold
On Tuesday, a momentous event unfolded as the iShares MSCI South Korea ETF (Symbol: EWY) triumphantly crossed over its 200-day moving average standing tall at $64.16, soaring to a peak of $64.98 per share. This upward surge has lifted the spirits of investors, with iShares MSCI South Korea shares basking in a 1.9% gain for the day.
The Charted Journey
Behold the awe-inspiring chart that encapsulates the one-year performance of EWY shares, juxtaposed against its 200-day moving average, showcasing a narrative of resilience and growth. Amidst this progression, the trough of EWY shares over the past 52 weeks resonates at $54.49 per share, with a zenith reaching $69.515, culminating in a recent trade price of $64.97.
Insightful Opportunities Await
As we revel in this milestone moment for iShares MSCI South Korea, other exchange-traded funds beckon with tantalizing prospects. Click below to discover the enigmatic 9 ETFs that have gallantly crossed above their 200-day moving average, paving the way for potential investment breakthroughs.
Click here to find out which 9 other ETFs recently crossed above their 200-day moving average »
Also see:
OUST Average Annual Return
LTRN Average Annual Return
Funds Holding SEAC
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
