ITM Breaks Above 200-Day Moving Average – Bullish for ITM

In trading on Thursday, shares of the ITM ETF (Symbol: ITM) crossed above their 200 day moving average of $46.86, changing hands as high as $46.87 per share. ITM shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of ITM shares, versus its 200 day moving average:

Looking at the chart above, ITM’s low point in its 52 week range is $44.89 per share, with $48.02 as the 52 week high point — that compares with a last trade of $46.88.

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

Further ITM Research:

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