REM Makes Bullish Cross Above Critical Moving Average

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In trading on Monday, shares of the iShares Mortgage Real Estate ETF (Symbol: REM) crossed above their 200 day moving average of $44.34, changing hands as high as $44.39 per share. iShares Mortgage Real Estate shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of REM shares, versus its 200 day moving average: iShares Mortgage Real Estate 200 Day Moving Average Chart

Looking at the chart above, REM's low point in its 52 week range is $39.80 per share, with $48.5398 as the 52 week high point - that compares with a last trade of $44.38.

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 , ETFs
Referenced Symbols: REM

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