Bullish Moving Average Cross by iShares S&P 500 Index Fund (IVV)
Today, shares of iShares S&P 500 Index Fund (NYSE:IVV) have advanced above their 10-day MA of $207.68 on a volume of 667K 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 S&P 500 Index Fund have traded between a low of $147.21 and a high of $215.23 and are now at $208.14, which is 41% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has remained constant.
SmarTrend is tracking the current trend status for iShares S&P 500 Index Fund and will alert subscribers who have IVV in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses ishares s&p 500 index fund