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iShares Dow Jones US Real Estate Index Fund Crosses Below its 10-day MA (IYR)

By Shiri Gupta

Today, shares of iShares Dow Jones US Real Estate Index Fund (NYSE:IYR) have crossed bearishly below their 10-day moving average of $79.32 on a volume of 1.6 million shares. Swing traders may find 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 Real Estate Index Fund share prices have been bracketed by a low of $65.88 and a high of $85.80 and are now at $79.06, 20% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.

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

Keywords: moving crosses ishares dow jones us real estate index fund

Ticker(s): IYR