iShares S&P MidCap 400 Index Fund Bullish Moving Average Crossover Alert (IJH)
iShares S&P MidCap 400 Index Fund (NYSE:IJH) shares have crossed bullishly above their 10-day moving average of $129.03 on a volume of 128K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
iShares S&P MidCap 400 Index Fund share prices have moved between a 52-week high of $130.00 and a 52-week low of $94.12 and are now trading 37% above that low price at $129.15 per share. The 200-day and 50-day moving averages have moved 0.39% higher and 0.56% higher over the past week, respectively.
SmarTrend recommended that subscribers consider buying shares of iShares S&P MidCap 400 Index Fund on September 10th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $122.54. Since that recommendation, shares of iShares S&P MidCap 400 Index Fund have risen 4.9%. We continue to monitor IJH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses ishares s&p midcap 400 index fund