RING Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of the iShares MSCI Global Gold Miners ETF (RING) crossed below their 200 day moving average of $10.45, changing hands as low as $10.43 per share. iShares MSCI Global Gold Miners shares are currently trading off about 3.8% on the day. The chart below shows the one year performance of RING shares, versus its 200 day moving average:

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iShares MSCI Global Gold Miners 200 Day Moving Average Chart

Looking at the chart above, RING's low point in its 52 week range is $8.67 per share, with $16.42 as the 52 week high point — that compares with a last trade of $10.48.

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