iShares MSCI Canada Index Fund's Shares Changing Hands at Higher Prices on 1.1x Above-Average Volume (EWC)

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(via COMTEX News Network)--

Shares of iShares MSCI Canada Index Fund EWC are trading up 0.3% to $32.21 today on above average volume. Approximately 2.8 million shares have traded hands today vs. average 30-day volume of 2.5 million shares.

Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of EWC to see if this bullish momentum will continue.

iShares MSCI Canada Index Fund is an exchange-traded fund incorporated in the USA. The Fund's objective is to provide investment results that correspond to the performance of publicly traded securities in the Canadian market, as measured by the MSCI Canada Index. The Fund invests in a representative sample of index stocks using a "portfolio sampling" technique.

In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has risen 0.18%.

In the past 52 weeks, shares of iShares MSCI Canada Index Fund have traded between a low of $25.06 and a high of $34.57 and are now at $32.27, which is 29% above that low price.

Write to Chip Brian at cbrian@mysmartrend.com

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