PCY Makes Bullish Cross Above Critical Moving Average

Shares of the Invesco Emerging Markets Sovereign Debt ETF (PCY) crossed above their 200-day moving average of $21.56, trading as high as $21.65. The ETF was last up about 1.1%, signaling a modestly bullish technical move rather than a fundamental catalyst.

Analysis

Shares of the Invesco Emerging Markets Sovereign Debt ETF (PCY) crossed above their 200-day moving average of $21.56, trading as high as $21.65. The ETF was last up about 1.1%, signaling a modestly bullish technical move rather than a fundamental catalyst.