LQD Crosses Below Key Moving Average Level
In trading on Thursday, shares of the iShares iBoxx $ Investment Grade Corporate Bond ETF (Symbol: LQD) crossed below their 200 day moving average of $107.11, changing hands as low as $106.72 per share. iShares iBoxx $ Investment Grade Corporate Bond shares are currently trading down about 1.1% on the day. The chart below shows the one year performance of LQD shares, versus its 200 day moving average:
Looking at the chart above, LQD's low point in its 52 week range is $98.41 per share, with $115.075 as the 52 week high point — that compares with a last trade of $106.93.
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