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IDU Crosses Below Key Moving Average Level

In trading on Wednesday, shares of the iShares U.S. Utilities ETF (Symbol: IDU) crossed below their 200 day moving average of $112.64, changing hands as low as $112.02 per share. iShares U.S. Utilities shares are currently trading down about 1% on the day. The chart below shows the one year performance of IDU shares, versus its 200 day moving average:

iShares U.S. Utilities 200 Day Moving Average Chart

Looking at the chart above, IDU’s low point in its 52 week range is $102.64 per share, with $120.82 as the 52 week high point — that compares with a last trade of $111.78.

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

Further IDU Research:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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