iShares Dow Jones US Energy Sector Index Fund Bearish Moving Average Crossover Alert (IYE)
Today, shares of iShares Dow Jones US Energy Sector Index Fund (NYSE:IYE) have crossed bearishly below their 10-day moving average of $38.49 on a volume of 195K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
iShares Dow Jones US Energy Sector Index Fund share prices have moved between a 52-week high of $47.19 and a 52-week low of $28.08 and are now trading 36% above that low price at $38.24 per share. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.1%.
SmarTrend is tracking the current trend status for iShares Dow Jones US Energy Sector Index Fund and will alert subscribers who have IYE in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses ishares dow jones us energy sector index fund