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iShares S&P 500 Index Fund Crosses Below its 10-day MA (IVV)

By James Quinn

Today, shares of iShares S&P 500 Index Fund (NYSE:IVV) have fallen below their 10-day MA of $214.89 on a volume of 452K 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.

iShares S&P 500 Index Fund share prices have moved between a 52-week high of $220.88 and a 52-week low of $147.21 and are now trading 46% above that low price at $214.47 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

SmarTrend is monitoring the recent change of momentum in iShares S&P 500 Index Fund. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of iShares S&P 500 Index Fund in search of a potential trend change.

Keywords: moving crosses ishares s&p 500 index fund

Ticker(s): IVV