IPS Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of the SPDR S&P International Consumer Staples Sector ETF (IPS) crossed below their 200 day moving average of $38.01, changing hands as low as $37.80 per share. SPDR S&P International Consumer Staples Sector shares are currently trading down about 0.5% on the day. The chart below shows the one year performance of IPS shares, versus its 200 day moving average:

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SPDR S&P International Consumer Staples Sector 200 Day Moving Average Chart

Looking at the chart above, IPS's low point in its 52 week range is $33.62 per share, with $40.43 as the 52 week high point — that compares with a last trade of $38.14.

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