MDYG Falls Below Crucial Moving Average Threshold

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SPDR S&P 400 Mid Cap Growth ETF Falls Below Key Moving Average

Shares dip slightly amid mixed trading activity.

In trading on Friday, the SPDR S&P 400 Mid Cap Growth ETF (Symbol: MDYG) fell below its 200-day moving average of $87.43, with shares reaching as low as $87.36 each. At present, MDYG shares are down approximately 0.8% for the day.

The chart below illustrates the one-year performance of MDYG shares in relation to its 200-day moving average:

SPDR S&P 400 Mid Cap Growth 200 Day Moving Average Chart

Examining the chart, MDYG’s low point over the past 52 weeks is $79.12 per share, while its highest point is $95.51. The last recorded trade price was $87.29.

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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