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SmarTrend Detects Potential Break Out In Shares of iShares MSCI Spain Index Fund (EWP)

(via COMTEX News Network)--

Shares of iShares MSCI Spain Index Fund (NYSE: EWP) traded at a new 52-week high today of $44.58. Approximately 83,000 shares have traded hands today vs. average 30-day volume of 449,000 shares.

iShares MSCI Spain Index Fund is currently trading at $44.56, approximately 5.6% above its 50-day moving average of $42.19. SmarTrend will be monitoring shares of EWP to see if this bullish momentum will continue.

In the last five trading sessions, the 50-day MA has climbed 0.24% while the 200-day MA has risen 0.17%.

In the past 52 weeks, shares of iShares MSCI Spain Index Fund have traded between a low of $29.85 and a high of $44.55 and are now at $44.46, which is 49% above that low price.

SmarTrend currently has shares of iShares MSCI Spain Index Fund in an Uptrend and issued the Uptrend alert on March 24, 2011 at $42.70. The stock has risen 3.3% since the Uptrend alert was issued.

Write to Chip Brian at


SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit

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