IShares 2016 S&P AMT-Free Municipal Series Breaks Above 200-Day Moving Average - Bullish For MUAE

In trading on Tuesday, shares of the iShares 2016 S&P AMT-Free Municipal Series ETF ( MUAE) crossed above their 200 day moving average of $53.76, changing hands as high as $53.77 per share. iShares 2016 S&P AMT-Free Municipal Series shares are currently trading down about 0.1% on the day. The chart below shows the one year performance of MUAE shares, versus its 200 day moving average:

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iShares 2016 S&P AMT-Free Municipal Series 200 Day Moving Average Chart

Looking at the chart above, MUAE's low point in its 52 week range is $53.05 per share, with $54.99 as the 52 week high point — that compares with a last trade of $53.63.
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