iShares S&P 500 Growth Index Bullish Moving Average Crossover Alert (IVW)
iShares S&P 500 Growth Index (NYSE:IVW) crossed over its 10-day moving average of $116.28 on a volume of 226K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
iShares S&P 500 Growth Index share prices have moved between a 52-week high of $119.85 and a 52-week low of $85.21 and are now trading 37% above that low price at $116.55 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 tracking the current trend status for iShares S&P 500 Growth Index and will alert subscribers who have IVW in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses ishares s&p 500 growth index