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XT Declines Below Key Moving Average Indicator

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iShares Exponential Technologies ETF Dips Below Key Moving Average

Shares Slide as Market Fluctuates

On Thursday, iShares Exponential Technologies ETF (Symbol: XT) saw its shares fall below the crucial 200-day moving average of $58.75, trading as low as $58.67. As of now, XT shares are down approximately 1.6% for the day. The performance over the past year is illustrated in the chart below, highlighting XT’s movement relative to its 200-day average:

iShares Exponential Technologies 200 Day Moving Average Chart

Within the chart, XT’s 52-week range reveals a low of $48.82 per share and a high of $61.60. The most recent trade sits at $58.88, indicating that the ETF remains within a moderate range amidst market uncertainty.

nslideshow Discover which other 9 ETFs have recently dipped below their 200-day moving averages »

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

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