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Shares of Market Vectors Indonesia Index ETF (NYSE: IDX) traded at a new 52-week high today of $34.99. Approximately 415,000 shares have traded hands today vs. average 30-day volume of 481,000 shares.
Market Vectors Indonesia Index ETF is currently trading at $34.42, approximately 8.2% above its 50-day moving average of $31.82. SmarTrend will be monitoring shares of IDX to see if this bullish momentum will continue.
In the last five trading sessions, the 50-day MA has climbed 0.86% while the 200-day MA has risen 0.41%.
In the past 52 weeks, shares of Market Vectors Indonesia Index ETF have traded between a low of $24.42 and a high of $34.33 and are now at $34.35, which is 41% above that low price.
SmarTrend currently has shares of Market Vectors Indonesia Index ETF in an Uptrend and issued the Uptrend alert on July 01, 2011 at $32.41. The stock has risen 5.1% since the Uptrend alert was issued.
Write to Chip Brian at cbrian@mysmartrend.com
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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