EVX Crosses Below Key Moving Average Level

Shares of the VanEck Environmental Services ETF (EVX) fell below their 200-day moving average of $39.30, trading as low as $39.01 and down about 0.6% on the day. The move is a technical weakness signal rather than a fundamental development, but it may indicate softer near-term sentiment toward the fund.

Analysis

Shares of the VanEck Environmental Services ETF (EVX) fell below their 200-day moving average of $39.30, trading as low as $39.01 and down about 0.6% on the day. The move is a technical weakness signal rather than a fundamental development, but it may indicate softer near-term sentiment toward the fund.