JNK Makes Notable Cross Below Critical Moving Average
ETF Channel Staff - Tuesday, April 16, 4:17 PMIn trading on Tuesday, shares of the SPDR Bloomberg High Yield Bond ETF (JNK) crossed below their 200 day moving average of $92.54, changing hands as low as $92.47 per share. SPDR Bloomberg High Yield Bond shares are currently trading down about 0.2% on the day. The chart below shows the one year performance of JNK shares, versus its 200 day moving average:
Looking at the chart above, JNK's low point in its 52 week range is $87.795 per share, with $95.59 as the 52 week high point — that compares with a last trade of $92.68.
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