IHI Drops Below Key 200-Day Moving Average: A Significant Shift for iShares U.S. Medical Devices

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On Tuesday, shares of the iShares U.S. Medical Devices ETF (IHI) fell below their 200-day moving average of $60.30, trading as low as $60.15 per share, representing a decline of about 1.4% for the day.

The ETF’s 52-week range spans from a low of $52.90 to a high of $65.18, with the most recent trade occurring at $60.23.

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