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iShares Dow Jones US Financial Sector Index Fund Bearish Moving Average Crossover Alert (IYF)

By James Quinn

Today, shares of iShares Dow Jones US Financial Sector Index Fund (NYSE:IYF) have fallen below their 10-day MA of $103.92 on a volume of 174K 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.

In the past 52 weeks, iShares Dow Jones US Financial Sector Index Fund share prices have been bracketed by a low of $73.35 and a high of $109.36 and are now at $102.53, 40% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.8%.

SmarTrend is tracking the current trend status for iShares Dow Jones US Financial Sector Index Fund and will alert subscribers who have IYF in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses ishares dow jones us financial sector index fund

Ticker(s): IYF