Key ETFs Furthest Above and Below 50-Day Moving Averages
Friday, November 6th, 2009
Hickey and Walters (Bespoke) submit:
Below we highlight a list of the ETFs that are trading the furthest above and below their 50-day moving averages.
As shown, the Internet group ETF (HHH) is the most overbought at +10.49%, followed by Brazil (EWZ), Emerging Market Latin America (GML), Oil (DBO), all of Latin America (ILF), and Gold (IAU) and (GLD). Other notables on the list of most overbought ETFs include China (GXC) and (FXI), Steel (SLX), Russia (RSX), and Silver (SLV).
