Semiconductor ETF Faces Setback: Trading Below Key Moving Average

Shares Dip Below 200-Day Moving Average, Highlighting Market Volatility

On Wednesday, shares of the Semiconductor ETF (Symbol: SMH) dipped below their 200-day moving average, which stands at $237.41. At one point, the shares traded as low as $236.07, marking a 2.2% decline for the day. The accompanying chart illustrates SMH’s one-year performance alongside its 200-day moving average:

As depicted in the chart, SMH’s 52-week low reaches $156.56, while its high is $283.07. In comparison, the most recent trade reflected a price of $235.59.

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

Also see:

• Regions Financial Technical Analysis
• OEG Shares Outstanding History
• USMD Historical Stock Prices

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