BBAX ETF Drops Below Key Average Amid Trading Lows

Shares of BBAX ETF Experience Decline with Key Levels in Sight

On Wednesday, shares of the BBAX ETF (Symbol: BBAX) fell below their 200-day moving average, which stands at $49.96. At one point, they were traded as low as $49.25 per share. Currently, BBAX shares are down approximately 2.4% for the day. The chart below illustrates the one-year performance of BBAX shares in relation to the 200-day moving average:

According to the chart, BBAX’s lowest point over the past 52 weeks was $45.40 per share. Conversely, it achieved a high of $54.52. The last recorded trade was $48.96, positioning it closer to the lower end of its trading range.

Click here to find out which 9 other ETFs recently crossed below their 200-day moving average »

Also see:

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.