JPST Drops Below Key Moving Average: Market Implications

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JPMorgan Ultra-Short Income ETF Falls Below Key 200-Day Moving Average

During trading on Monday, shares of the JPMorgan Ultra-Short Income ETF (Symbol: JPST) dipped below the crucial 200-day moving average of $50.49, trading as low as $50.47 per share. Currently, JPST is down approximately 0.3% for the day. The chart below illustrates the one-year performance of JPST shares compared to its 200-day moving average:

JPMorgan Ultra-Short Income 200 Day Moving Average Chart

In examining the chart above, JPST has a 52-week low of $50.20 per share, while the 52-week high stands at $50.75. This data points to its most recent trade at $50.49.

Click here to discover which nine other ETFs have recently crossed below their 200-day moving averages »

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

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