TIP Makes Notable Cross Below Critical Moving Average
ETF Channel Staff - Tuesday, February 13, 12:36 PMIn trading on Tuesday, shares of the iShares TIPS Bond ETF (TIP) crossed below their 200 day moving average of $106.17, changing hands as low as $105.86 per share. iShares TIPS Bond shares are currently trading off about 0.4% on the day. The chart below shows the one year performance of TIP shares, versus its 200 day moving average:
Looking at the chart above, TIP's low point in its 52 week range is $101.74 per share, with $111.26 as the 52 week high point — that compares with a last trade of $105.91.
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