Markets

FLOT Crosses Below Key Moving Average Level

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In trading on Monday, shares of the iShares Floating Rate Bond ETF (Symbol: FLOT) crossed below their 200 day moving average of $50.82, changing hands as low as $50.81 per share. iShares Floating Rate Bond shares are currently trading trading flat on the day. The chart below shows the one year performance of FLOT shares, versus its 200 day moving average:

iShares Floating Rate Bond 200 Day Moving Average Chart

Looking at the chart above, FLOT's low point in its 52 week range is $50.02 per share, with $51.07 as the 52 week high point - that compares with a last trade of $50.81.

Click here to find out which 9 other ETFs recently crossed below 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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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