SPIB Faces Key Support Test as SPDR Portfolio Intermediate Term Corporate Bond Dips Below 200-Day Moving Average

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SPIB ETF Falls Below 200-Day Average Amid Moderate Trading

On Monday, shares of the SPDR Portfolio Intermediate Term Corporate Bond ETF (Symbol: SPIB) fell below their 200-day moving average of $33.09, reaching a low of $32.92 per share during trading. Currently, SPIB shares are trading approximately 0.6% lower on the day. The chart below illustrates SPIB’s performance over the past year compared to its 200-day moving average:

SPDR Portfolio Intermediate Term Corporate Bond 200 Day Moving Average Chart

According to the chart, SPIB’s 52-week trading range shows a low of $31.975 per share and a high of $33.8599, with the last trade recorded at $32.96.

Click here to discover which nine other ETFs recently dropped below their 200-day moving average »

Additional Resources:
  • YTD Return on Dow
  • WTW MACD
  • NRE Insider Buying

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

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