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iShares CMBS Breaks Below 200-Day Moving Average

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iShares CMBS ETF (CMBS) crossed below its 200‑day moving average of $48.96, trading as low as $48.80 and down about 0.1% on the day. The move is a technical breach that may attract attention from momentum/flow traders but has produced only a minor intraday price change so far.

Analysis

iShares CMBS ETF (CMBS) crossed below its 200‑day moving average of $48.96, trading as low as $48.80 and down about 0.1% on the day. The move is a technical breach that may attract attention from momentum/flow traders but has produced only a minor intraday price change so far.

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