HomeMost PopularSPSB Falls Below Key Moving Average: A Significant Market Shift

SPSB Falls Below Key Moving Average: A Significant Market Shift

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SPDR Portfolio Short Term Corporate Bond ETF Dips Below Key Level

Shares Slip Below 200-Day Moving Average

On Friday, SPDR Portfolio Short Term Corporate Bond ETF (Symbol: SPSB) saw its shares fall below the critical 200-day moving average of $29.89, trading as low as $29.88 per share. Currently, SPSB shares are down approximately 0.1% for the day. The chart below illustrates the one-year performance of SPSB compared to its moving average:

SPDR Portfolio Short Term Corporate Bond 200 Day Moving Average Chart

According to the chart, SPSB’s lowest price over the past year was $29.46 per share, while its highest price reached $30.31. The most recent trade recorded was $29.89.


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nslideshow 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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