Fidelity MSCI Materials Index (FMAT) Shares Cross Below 200 DMA

In trading on Monday, shares of the Fidelity MSCI Materials Index ETF (Symbol: FMAT) crossed below their 200 day moving average of $56.53, changing hands as low as $56.50 per share. Fidelity MSCI Materials Index shares are currently trading down about 1.2% on the day. The chart below shows the one year performance of FMAT shares, versus its 200 day moving average:

Looking at the chart above, FMAT’s low point in its 52 week range is $48.7635 per share, with $62.84 as the 52 week high point — that compares with a last trade of $56.58.

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

Further FMAT Research:

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