iShares Russell Midcap Growth Index Fund Crosses Below its 10-day MA (IWP)
Today, shares of iShares Russell Midcap Growth Index Fund (AMEX:IWP) have fallen below their 10-day MA of $62.86 on a volume of 143K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
iShares Russell Midcap Growth Index Fund share prices have moved between a 52-week high of $64.18 and a 52-week low of $54.61 and are now trading 14% above that low price at $62.33 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.
SmarTrend is tracking the current trend status for iShares Russell Midcap Growth Index Fund and will alert subscribers who have IWP in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses amex:iwp ishares russell midcap growth index fund