IHI Makes Bullish Cross Above Critical Moving Average
In trading on Thursday, shares of the iShares U.S. Medical Devices ETF (Symbol: IHI) crossed above their 200 day moving average of $62.41, changing hands as high as $62.48 per share. iShares U.S. Medical Devices shares are currently trading up about 2.3% on the day. The chart below shows the one year performance of IHI shares, versus its 200 day moving average:
Looking at the chart above, IHI's low point in its 52 week range is $55.2283 per share, with $67.29 as the 52 week high point — that compares with a last trade of $62.39.
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