“IYE Falls Below Key 200-Day Moving Average: Implications for iShares U.S. Energy”

Published On: December 10, 2024 3:10 pm

iShares U.S. Energy ETF Drops Below Key Moving Average

On Tuesday, shares of the iShares U.S. Energy ETF (Symbol: IYE) fell below the important 200-day moving average of $48.00, hitting a low of $47.83 per share during trading. Currently, IYE shares are down approximately 0.5% for the day. The chart below highlights the one-year performance of IYE compared to its 200-day moving average:

iShares U.S. Energy 200 Day Moving Average Chart

This chart indicates that IYE’s lowest point over the past year was $41.46 per share, while the highest reached $51.70. As of the last trade, IYE stands at $48.02.

Click here to discover which 9 other ETFs have recently fallen below their 200-day moving average »