REM Makes Notable Cross Below Critical Moving Average

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In trading on Wednesday, shares of the iShares Mortgage Real Estate ETF (Symbol: REM) crossed below their 200 day moving average of $43.67, changing hands as low as $43.31 per share. iShares Mortgage Real Estate shares are currently trading down about 2.5% 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 $47.64 as the 52 week high point - that compares with a last trade of $43.34.

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

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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