FMAG Crosses Below Key Moving Average Level

In trading on Tuesday, shares of the Fidelity Magellan ETF (Symbol: FMAG) crossed below their 200 day moving average of $34.91, changing hands as low as $34.80 per share. Fidelity Magellan shares are currently trading down about 0.8% on the day. The chart below shows the one year performance of FMAG shares, versus its 200 day moving average: Fidelity Magellan 200 Day Moving Average Chart

Looking at the chart above, FMAG's low point in its 52 week range is $30.49 per share, with $37.575 as the 52 week high point — that compares with a last trade of $34.83.

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

Further FMAG Research:

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