First Trust Low Duration ETF Shares Dip Below Key Moving Average
In trading on Monday, shares of the First Trust Low Duration Opportunities ETF (Symbol: LMBS) fell below their 200-day moving average of $48.87, trading as low as $48.70 per share. Currently, LMBS shares are down approximately 1.3% for the day. The chart below illustrates the one-year performance of LMBS shares in comparison to its 200-day moving average:
Examining the chart, the low point in LMBS’s 52-week range is $45.06 per share, while the high point is $51.49. This positions the most recent trade at $48.70 within that context.
Click here to find out which 9 other ETFs recently crossed below their 200-day moving average »
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