SPDR S&P Bank (KBE) Shares Cross Below 200 DMA

By ETFChannel.com,

Shutterstock photo

In trading on Thursday, shares of the SPDR S&P Bank ETF (Symbol: KBE) crossed below their 200 day moving average of $32.47, changing hands as low as $32.14 per share. SPDR S&P Bank shares are currently trading down about 1.9% on the day. The chart below shows the one year performance of KBE shares, versus its 200 day moving average: SPDR S&P Bank 200 Day Moving Average Chart

Looking at the chart above, KBE's low point in its 52 week range is $29.47 per share, with $34.91 as the 52 week high point - that compares with a last trade of $32.11.

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

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

This article appears in: Investing ETFs
Referenced Stocks: KBE

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