iShares Russell 1000 Growth Index Crosses Below its 10-day MA (IWF)
Today, shares of iShares Russell 1000 Growth Index (AMEX:IWF) have crossed bearishly below their 10-day moving average of $102.79 on a volume of 128K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.
iShares Russell 1000 Growth Index share prices have moved between a 52-week high of $105.87 and a 52-week low of $84.82 and are now trading 21% above that low price at $102.61 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-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