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iShares S&P MidCap 400 Index Fund Crosses Above its 10-day MA (IJH)

By Nick Russo

iShares S&P MidCap 400 Index Fund (NYSE:IJH) shares have crossed bullishly above their 10-day moving average of $170.30 on a volume of 238K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, iShares S&P MidCap 400 Index Fund share prices have been bracketed by a low of $109.03 and a high of $175.72 and are now at $171.21, 57% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has remained constant.

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

Ticker(s): IJH