JNK Crosses Above Key Moving Average Level
In trading on Wednesday, shares of the SPDR Bloomberg High Yield Bond ETF (Symbol: JNK) crossed above their 200 day moving average of $95.51, changing hands as high as $96.12 per share. SPDR Bloomberg High Yield Bond shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of JNK shares, versus its 200 day moving average:
Looking at the chart above, JNK's low point in its 52 week range is $92.47 per share, with $97.90 as the 52 week high point — that compares with a last trade of $96.06.
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