MTUM Makes Bullish Cross Above Critical Moving Average

HomeETFs

MTUM Makes Bullish Cross Above Critical Moving Average

In trading on Tuesday, shares of the iShares MSCI USA Momentum Factor ETF (Symbol: MTUM) crossed above their 200 day moving average of $176.89, changing hands as high as $177.05 per share. iShares MSCI USA Momentum Factor shares are currently trading up about 1% on the day. The chart below shows the one year performance of MTUM shares, versus its 200 day moving average:

iShares MSCI USA Momentum Factor 200 Day Moving Average Chart

Looking at the chart above, MTUM’s low point in its 52 week range is $147.68 per share, with $194.25 as the 52 week high point — that compares with a last trade of $176.84.

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

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

www.nasdaq.com