SPDR S&P Biotech (XBI) Shares Cross Below 200 DMA

Comment

Shutterstock photo

In trading on Friday, shares of the SPDR S&P Biotech ETF (Symbol: XBI) crossed below their 200 day moving average of $131.74, changing hands as low as $130.84 per share. SPDR S&P Biotech shares are currently trading down about 3.7% on the day. The chart below shows the one year performance of XBI shares, versus its 200 day moving average: SPDR S&P Biotech 200 Day Moving Average Chart

Looking at the chart above, XBI's low point in its 52 week range is $96.03 per share, with $172.52 as the 52 week high point - that compares with a last trade of $133.61.

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


More from BNK Invest

Subscribe






BNK Invest
Contributor:

BNK Invest

Market News, Investing
Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com