Market Overview

Watch for Continued Gains in Shares of iShares MSCI ACWI ex US Index Fund (ACWX)

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(via COMTEX News Network)--

Shares of iShares MSCI ACWI ex US Index Fund (NASDAQ: ACWX) traded at a new 52-week high today of $46.02. Approximately 246,000 shares have traded hands today vs. average 30-day volume of 123,000 shares.

iShares MSCI ACWI ex US Index Fund is currently trading at $46.02, approximately 3.2% above its 50-day moving average of $44.58. SmarTrend will be monitoring shares of ACWX to see if this bullish momentum will continue.

In the last five trading sessions, the 50-day MA has climbed 0.26% while the 200-day MA has risen 0.26%.

In the past 52 weeks, shares of iShares MSCI ACWI ex US Index Fund have traded between a low of $30.65 and a high of $46.00 and are now at $45.89, which is 50% above that low price.

SmarTrend currently has shares of iShares MSCI ACWI ex US Index Fund in an Uptrend and issued the Uptrend alert on September 13, 2010 at $40.28. The stock has risen 12.9% since the Uptrend alert was issued.

Write to Chip Brian at cbrian@tradethetrend.com

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