• Return to Headlines

iShares Russell 1000 Value Index Crosses Above its 10-day MA (IWD)

By Shiri Gupta

Today, shares of iShares Russell 1000 Value Index (AMEX:IWD) have crossed bullishly above their 10-day moving average of $105.24 on a volume of 194K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, iShares Russell 1000 Value Index share prices have been bracketed by a low of $86.15 and a high of $106.49 and are now at $105.73, 23% 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 0.6%.

SmarTrend is tracking the current trend status for iShares Russell 1000 Value Index and will alert subscribers who have IWD in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses amex:iwd ishares russell 1000 value index

Ticker(s): IWD