iShares S&P MidCap 400 Index Fund Bullish Moving Average Crossover Alert (IJH)
Today, shares of iShares S&P MidCap 400 Index Fund (NYSE:IJH) have crossed bullishly above their 10-day moving average of $101.82 on a volume of 432K 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.
Over the past year, iShares S&P MidCap 400 Index Fund has traded in a range of $87.02 to $104.32 and is now at $104.03, 20% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.
SmarTrend is tracking the current trend status for iShares S&P MidCap 400 Index Fund and will alert subscribers who have IJH in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses ishares s&p midcap 400 index fund