Bullish Moving Average Cross by iShares Russell 1000 Growth Index (IWF)
Today, shares of iShares Russell 1000 Growth Index (AMEX:IWF) have advanced above their 10-day MA of $85.21 on a volume of 1.5 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of iShares Russell 1000 Growth Index have traded between a low of $69.85 and a high of $88.89 and are now at $85.48, which is 22% above that low price. The 200-day and 50-day moving averages have moved 0.21% higher and 0.08% higher over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in iShares Russell 1000 Growth Index. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of iShares Russell 1000 Growth Index in search of a potential trend change.
Keywords: moving crosses amex:iwf ishares russell 1000 growth index