iShares Russell 2000 Growth Index Fund Crosses Below its 10-day MA (IWO)
iShares Russell 2000 Growth Index Fund (AMEX:IWO) crossed under its 10-day moving average of $131.37 on a volume of 122K 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.
In the past 52 weeks, iShares Russell 2000 Growth Index Fund share prices have been bracketed by a low of $111.51 and a high of $159.71 and are now at $131.16, 18% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has slid 0.4%.
SmarTrend is monitoring the recent change of momentum in iShares Russell 2000 Growth Index Fund. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of iShares Russell 2000 Growth Index Fund in search of a potential trend change.
Keywords: moving crosses amex:iwo ishares russell 2000 growth index fund