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 $91.53 on a volume of 394K 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 Russell 1000 Growth Index have traded between a low of $76.06 and a high of $93.98 and are now at $91.66, which is 21% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.
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