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Market Impact: 0.15
REZ Crosses Below Key Moving Average Level
Source: Nasdaq
Housing & Real EstateMarket Technicals & Flows
iShares Residential and Multisector Real Estate ETF (REZ) fell below its 200-day moving average of $89.57 on Wednesday, trading as low as $89.21. The technical break is a mildly bearish signal for the residential and multisector real estate ETF, though the reported move is unlikely to have broad market impact.
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Overall Sentiment
mildly negative
Sentiment Score
-0.20
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