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“IYK Falls Below Crucial Moving Average Threshold”

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iShares U.S. Consumer Staples ETF Faces 200-Day Moving Average Dip

Shares Slide Below Key Indicator as Market Adjustments Occur

On Monday, shares of the iShares U.S. Consumer Staples ETF (Symbol: IYK) fell below their 200-day moving average of $67.99, hitting a low of $67.96 during trading. Currently, IYK is down approximately 0.6% for the day. The accompanying chart illustrates the performance of IYK shares over the past year in relation to its 200-day moving average:

iShares U.S. Consumer Staples 200 Day Moving Average Chart

Analyzing the chart, IYK’s lowest point in its 52-week range is $62.3567 per share, while its highest point is $72.29. The latest trade settled at $67.94, reflecting the ETF’s current standing in the market.

nslideshow Click here to find out which 9 other ETFs recently crossed below their 200-day moving average »

Also see:
  • CTXR Average Annual Return
  • ETFs Holding GTY
  • Institutional Holders of IGF

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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