XAR Experiences Significant Drop Below Key Moving Average

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SPDR S&P Aerospace & Defense ETF Drops Below Key Moving Average

On Monday, trading saw shares of the SPDR S&P Aerospace & Defense ETF (Symbol: XAR) fall below their 200-day moving average of $160.48, with prices reaching a low of $157.24 per share. Currently, the ETF is down approximately 3.1% for the day. Below is a chart that illustrates the one-year performance of XAR shares in relation to their 200-day moving average:

SPDR S&P Aerospace & Defense 200 Day Moving Average Chart

The chart indicates XAR’s 52-week range, which shows a low of $131.875 per share and a high of $181.385. The most recent trade price for XAR stands at $157.84.

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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