FALN Makes Bullish Cross Above Critical Moving Average

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FALN Makes Bullish Cross Above Critical Moving Average


In trading on Tuesday, shares of the iShares Fallen Angels USD Bond ETF (Symbol: FALN) crossed above their 200 day moving average of $29.78, changing hands as high as $29.80 per share. iShares Fallen Angels USD Bond shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of FALN shares, versus its 200 day moving average:

iShares Fallen Angels USD Bond 200 Day Moving Average Chart

Looking at the chart above, FALN’s low point in its 52 week range is $28.66 per share, with $30.44 as the 52 week high point — that compares with a last trade of $29.77.

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

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