Bearish Moving Average Cross by iShares S&P 500 Value Index Fund (IVE)
Today, shares of iShares S&P 500 Value Index Fund (NYSE:IVE) have fallen below their 10-day MA of $93.87 on a volume of 171K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.
In the past 52 weeks, iShares S&P 500 Value Index Fund share prices have been bracketed by a low of $72.55 and a high of $96.74 and are now at $93.46, 29% above that low price. The 200-day and 50-day moving averages have moved 0.06% lower and 0.61% higher over the past week, respectively.
SmarTrend is tracking the current trend status for iShares S&P 500 Value Index Fund and will alert subscribers who have IVE in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses ishares s&p 500 value index fund