LCTU Dips Under Crucial Moving Average Threshold

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BlackRock U.S. Carbon Transition ETF Hits Key Moving Average

During trading on Thursday, the BlackRock U.S. Carbon Transition Readiness ETF (Symbol: LCTU) saw its shares dip below the 200-day moving average of $62.41, with prices falling to as low as $62.10 each. At present, LCTU shares are down approximately 1.9% on the day. The accompanying chart illustrates one year of LCTU’s performance relative to its 200-day moving average:

BlackRock U.S. Carbon Transition Readiness 200 Day Moving Average Chart

From the chart, it’s clear that the 52-week low for LCTU is set at $54.0769 per share, while the 52-week high sits at $67.15. This places the most recent trade at $62.42, indicating a substantial distance from its peak.


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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 the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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