KIE Crosses Below Key Moving Average Level

In trading on Monday, shares of the SPDR S&P Insurance ETF (KIE) crossed below their 200 day moving average of $57.35, changing hands as low as $57.23 per share. SPDR S&P Insurance shares are currently trading off about 2.7% on the day. The chart below shows the one year performance of KIE shares, versus its 200 day moving average:

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SPDR S&P Insurance 200 Day Moving Average Chart

Looking at the chart above, KIE's low point in its 52 week range is $47.08 per share, with $63.16 as the 52 week high point — that compares with a last trade of $57.33.

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