iShares S&P 500 Value Index Fund Crosses Below its 10-day MA (IVE)
iShares S&P 500 Value Index Fund (NYSE:IVE) shares have crossed bearishly below their 10-day moving average of $94.44 on a volume of 247K shares. Swing traders may find 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 Value Index Fund has traded in a range of $72.55 to $96.74 and is now at $94.07, 30% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.
SmarTrend is tracking the current trend status for iShares S&P 500 Value Index Fund and will alert subscribers who have IVE in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses ishares s&p 500 value index fund