iShares U.S. Healthcare Breaks Above 200-Day Moving Average

IYH crossed above its 200-day moving average of $61.10, trading as high as $61.50 and rising roughly 1.1% on the day. The move is a modest technical breakout that may attract trend-following flows into the U.S. healthcare ETF, but is a limited intraday price change rather than a material sector re-rating.

Analysis

IYH crossed above its 200-day moving average of $61.10, trading as high as $61.50 and rising roughly 1.1% on the day. The move is a modest technical breakout that may attract trend-following flows into the U.S. healthcare ETF, but is a limited intraday price change rather than a material sector re-rating.