FBT Makes Bullish Cross Above Critical Moving Average
In trading on Thursday, shares of the First Trust NYSE Arca Biotechnology Index Fund ETF (Symbol: FBT) crossed above their 200 day moving average of $165.63, changing hands as high as $166.36 per share. First Trust NYSE Arca Biotechnology Index Fund shares are currently trading up about 1% on the day. The chart below shows the one year performance of FBT shares, versus its 200 day moving average:
Looking at the chart above, FBT's low point in its 52 week range is $150.71 per share, with $186.5106 as the 52 week high point — that compares with a last trade of $165.91.
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