IAT (iShares US Regional Banks ETF) crossed above its 200-day moving average of $53.20, traded as high as $54.06 and is up ~3.2% on the day. The technical breakout above the 200-DMA may indicate renewed momentum into regional-bank exposure and could attract short-term inflows into the ETF.
IAT (iShares US Regional Banks ETF) crossed above its 200-day moving average of $53.20, traded as high as $54.06 and is up ~3.2% on the day. The technical breakout above the 200-DMA may indicate renewed momentum into regional-bank exposure and could attract short-term inflows into the ETF.
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mildly positive
Sentiment Score
0.25
