iShares U.S. Energy ETF Dips Below Key 200-Day Moving Average

Current Performance Highlights a Mild Downward Trend

On Wednesday, shares of the iShares U.S. Energy ETF (Symbol: IYE) traded below their 200-day moving average, which stands at $47.12. During the day, shares slid to a low of $47.05, reflecting a decrease of approximately 0.2% from the previous trading session. Below is a chart displaying the year-long performance of IYE shares compared to its 200-day moving average:

The chart indicates that IYE’s lowest price over the past 52 weeks was $41.46 per share, while its highest point reached $51.70. As of the latest trade, the share price stands at $47.28.

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

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