JXI Makes Notable Cross Below Critical Moving Average

In trading on Wednesday, shares of the iShares Global Utilities ETF (JXI) crossed below their 200 day moving average of $46.80, changing hands as low as $46.69 per share. iShares Global Utilities shares are currently trading off about 0.6% on the day. The chart below shows the one year performance of JXI shares, versus its 200 day moving average:

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iShares Global Utilities 200 Day Moving Average Chart

Looking at the chart above, JXI's low point in its 52 week range is $41.73 per share, with $51.18 as the 52 week high point — that compares with a last trade of $46.85.

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