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Bearish Moving Average Cross by iShares Dow Jones Select Dividend Index Fund (DVY)

By James Quinn

iShares Dow Jones Select Dividend Index Fund (NYSE:DVY) shares have crossed bearishly below their 10-day moving average of $90.99 on a volume of 152K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

iShares Dow Jones Select Dividend Index Fund share prices have moved between a 52-week high of $93.52 and a 52-week low of $48.00 and are now trading 89% above that low price at $90.88 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

SmarTrend is tracking the current trend status for iShares Dow Jones Select Dividend Index Fund and will alert subscribers who have DVY in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses ishares dow jones select dividend index fund

Ticker(s): DVY