FBT Crosses Below Key Moving Average Level

In trading on Monday, shares of the First Trust NYSE Arca Biotechnology Index Fund ETF (Symbol: FBT) crossed below their 200 day moving average of $167.35, changing hands as low as $166.22 per share. First Trust NYSE Arca Biotechnology Index Fund shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of FBT shares, versus its 200 day moving average: {{ InlineImage1 }}

Looking at the chart above, FBT's low point in its 52 week range is $149.50 per share, with $186.5106 as the 52 week high point — that compares with a last trade of $166.85.

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