IRV Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of the SPDR S&P International Materials Sector ETF (IRV) crossed above their 200 day moving average of $22.99, changing hands as high as $23.26 per share. SPDR S&P International Materials Sector shares are currently trading up about 1% on the day. The chart below shows the one year performance of IRV shares, versus its 200 day moving average:

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SPDR S&P International Materials Sector 200 Day Moving Average Chart

Looking at the chart above, IRV's low point in its 52 week range is $20.06 per share, with $25.75 as the 52 week high point — that compares with a last trade of $23.17.
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