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:

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.



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