Africa Index Breaks Above 200-Day Moving Average - Bullish For AFK
Written by: ETFChannel.com
Tickers in this article: AFK
In trading on Wednesday, shares of the Africa Index ETF
crossed above their 200 day moving average of $30.50, changing hands as high as $30.67 per share. Africa Index shares are currently trading up about 2.3% on the day. The chart below shows the one year performance of AFK shares, versus its 200 day moving average:
Looking at the chart above, AFK's low point in its 52 week range is $26.65 per share, with $32.19 as the 52 week high point — that compares with a last trade of $30.67.