Market Movements for IEI Raise Caution Among Investors
On Friday, the iShares 3-7 Year Treasury Bond ETF (Symbol: IEI) saw its shares fall below the significant 200-day moving average of $116.44, reaching a low of $116.43 per share. This decline reflects a daily drop of about 0.3%. The chart below illustrates the one-year performance of IEI shares in relation to its 200-day moving average:
Over the past year, IEI has experienced a low point of $112.72 per share and a high point of $120.28. The last recorded trade was at $116.42, positioning it in the lower range of its recent performance.
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Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »
Also see:
- Cheap Industrials Stocks
- COOP Options Chain
- THR Price Target
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
