TIP Makes Notable Cross Below Critical Moving Average
Written by: ETFChannel.com
Tickers in this article: TIP
In trading on Thursday, shares of the iShares Barclays TIPS Bond Fund ETF
crossed below their 200 day moving average of $121.31, changing hands as low as $120.90 per share. iShares Barclays TIPS Bond Fund shares are currently trading off about 0.7% 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 $118.43 per share, with $123.44 as the 52 week high point — that compares with a last trade of $120.93.