SDY Drops Below Crucial Moving Average Threshold

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SPDR S&P Dividend ETF Hits Below Key 200-Day Moving Average

On Tuesday, trading saw shares of the SPDR S&P Dividend ETF (Symbol: SDY) dip below their 200-day moving average of $135.60. The shares traded as low as $135.11 each, reflecting an approximate decline of 1.6% on the day. The accompanying chart illustrates the one-year performance of SDY shares in relation to the 200-day moving average:

SPDR S&P Dividend 200 Day Moving Average Chart

Reviewing the data, the low point for SDY in its 52-week range stands at $124.3701, while the high reaches $144.45. The most recent trade closed at $136.09.

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

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

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