BBAX ETF Dips Below Key Moving Average: What Investors Should Know
Shares Slide as 200-Day Moving Average Falls into View
In trading on Friday, BBAX ETF (Symbol: BBAX) shares dropped below their 200-day moving average set at $50.38, hitting a low of $50.27 per share. Currently, BBAX shares are showing a decline of approximately 1.3% for the day. The chart below illustrates the performance of BBAX over the past year compared to its 200-day moving average:
According to the chart, BBAX’s 52-week low stands at $45.40 per share, with its 52-week high reaching $54.52. The latest trading price for BBAX is $50.38, placing it squarely between these two extremes.
Click here to find out which 9 other ETFs recently crossed below their 200-day moving average »
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
