CIU Crosses Below Key Moving Average Level
In trading on Friday, shares of the iShares Intermediate Credit Bond ETF (Symbol: CIU) crossed below their 200 day moving average of $110.00, changing hands as low as $109.91 per share. iShares Intermediate Credit Bond shares are currently trading down about 0.2% on the day. The chart below shows the one year performance of CIU shares, versus its 200 day moving average:
Looking at the chart above, CIU's low point in its 52 week range is $108.73 per share, with $111.60 as the 52 week high point - that compares with a last trade of $109.98.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.