IBB Makes Bullish Cross Above Critical Moving Average

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In trading on Thursday, shares of the iShares Nasdaq Biotechnology ETF (Symbol: IBB) crossed above their 200 day moving average of $108.53, changing hands as high as $110.18 per share. iShares Nasdaq Biotechnology shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of IBB shares, versus its 200 day moving average: iShares Nasdaq Biotechnology 200 Day Moving Average Chart

Looking at the chart above, IBB's low point in its 52 week range is $89.01 per share, with $122.97 as the 52 week high point - that compares with a last trade of $109.01.

Click here to find out which 9 other ETFs recently crossed above 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 , Stocks , ETFs
Referenced Symbols: IBB

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