[May 24, 2012] Downtrend Call Working As iShares MSCI Italy Index Fund Stock Falls 16.4% (EWI) Tweet May 24, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for iShares MSCI Italy Index Fund (NYSE:EWI) on April 4th, 2012 at $12.42. In approximately 2 months, iShares MSCI Italy Index Fund has returned 16.43% as of today's recent price of $10.38. In the past 52 weeks, shares of iShares MSCI Italy Index Fund have traded between a low of $10.24 and a high of $18.71 and are now at $10.38, which is 1% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 1.4%. iShares MSCI Italy Index Fund is an exchange-traded fund incorporated in the USA. The Fund's objective seeks to provide investment results that correspond to the performance of the Italian market, as measured by the MSCI Italy Index. The Fund invests in a representative sample of index stocks using a "portfolio sampling" technique. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of iShares MSCI Italy Index Fund. Log in and add iShares MSCI Italy Index Fund (EWI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]