In trading on Monday, the AB Ultra Short Income ETF (Symbol: YEAR) saw its shares fall below the critical 200-day moving average of $50.52. The lowest price reached was $50.31 per share, marking a decrease of about 0.5% on the day. The following chart illustrates the one-year performance of YEAR shares, compared to its 200-day moving average:
YEAR’s performance has been notable over the past year. Its low point in the 52-week range stands at $50.18 per share, while the peak has reached $50.92. Currently, the last trade is at $50.31, which places it toward the lower end of this range.
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Click here to find out which 9 other ETFs recently crossed below their 200-day moving average »
Also see:
- DMYI YTD Return
- WTW Technical Analysis
- GWB Options Chain
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
