iShares S&P 500 Index Fund Bearish Moving Average Crossover Alert (IVV)
Today, shares of iShares S&P 500 Index Fund (NYSE:IVV) have fallen below their 10-day MA of $217.22 on a volume of 664K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Over the past year, iShares S&P 500 Index Fund has traded in a range of $147.21 to $220.88 and is now at $216.82, 47% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.
SmarTrend is tracking the current trend status for iShares S&P 500 Index Fund and will alert subscribers who have IVV in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses ishares s&p 500 index fund