iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) Stock Cross Above 50 Day Moving Average – Should You Sell?

iShares MSCI China Multisector Tech ETF (NASDAQ:TCHIGet Free Report)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $18.89 and traded as high as $20.36. iShares MSCI China Multisector Tech ETF shares last traded at $20.03, with a volume of 66,440 shares changing hands.

iShares MSCI China Multisector Tech ETF Stock Performance

The firm has a market capitalization of $7.55 million, a P/E ratio of 14.42 and a beta of 0.33. The stock’s 50 day simple moving average is $18.83 and its 200 day simple moving average is $17.06.

About iShares MSCI China Multisector Tech ETF

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The iShares MSCI China Multisector Tech ETF (TCHI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap Chinese equities in technology and technology-related industries. TCHI was launched on Jan 25, 2022 and is managed by BlackRock.

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