GEM Crosses Below Key Moving Average Level

In trading on Monday, shares of the GEM ETF (Symbol: GEM) crossed below their 200 day moving average of $32.55, changing hands as low as $31.77 per share. GEM shares are currently trading off about 3.4% on the day. The chart below shows the one year performance of GEM shares, versus its 200 day moving average: {{ InlineImage1 }}

Looking at the chart above, GEM's low point in its 52 week range is $30.0517 per share, with $35.55 as the 52 week high point — that compares with a last trade of $32.06.

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