Notable Two Hundred Day Moving Average Cross - IXP

In trading on Monday, shares of the iShares Global Telecom ETF ( IXP) crossed below their 200 day moving average of $64.08, changing hands as low as $63.75 per share. iShares Global Telecom shares are currently trading down about 2% on the day. The chart below shows the one year performance of IXP shares, versus its 200 day moving average:

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iShares Global Telecom 200 Day Moving Average Chart

Looking at the chart above, IXP's low point in its 52 week range is $56.80 per share, with $68.85 as the 52 week high point — that compares with a last trade of $63.71.

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Shares Of IXP Now Oversold

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