EWZ Crosses Below Key Moving Average Level

In trading on Tuesday, shares of the iShares MSCI Brazil ETF (Symbol: EWZ) crossed below their 200 day moving average of $33.15, changing hands as low as $32.88 per share. iShares MSCI Brazil shares are currently trading off about 3.5% on the day. The chart below shows the one year performance of EWZ shares, versus its 200 day moving average: {{ InlineImage1 }} Looking at the chart above, EWZ's low point in its 52 week range is $26.47 per share, with $42.05 as the 52 week high point — that compares with a last trade of $32.89.