Bullish Moving Average Cross by iShares Dow Jones US Homenstruction Index Fund (ITB)
Today, shares of iShares Dow Jones US Homenstruction Index Fund (NYSE:ITB) have crossed bullishly above their 10-day moving average of $29.08 on a volume of 563K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of iShares Dow Jones US Homenstruction Index Fund have traded between a low of $21.61 and a high of $30.00 and are now at $29.23, which is 35% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has remained constant.
SmarTrend is tracking the current trend status for iShares Dow Jones US Homenstruction Index Fund and will alert subscribers who have ITB in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses ishares dow jones us homenstruction index fund