SPDR S&PAerospace & Defense Breaks Above 200-Day Moving Average - Bullish for XAR

In trading on Monday, shares of the SPDR S&PAerospace & Defense ETF ( XAR) crossed above their 200 day moving average of $99.19, changing hands as high as $100.00 per share. SPDR S&PAerospace & Defense shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of XAR shares, versus its 200 day moving average:

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SPDR S&PAerospace & Defense 200 Day Moving Average Chart

Looking at the chart above, XAR's low point in its 52 week range is $81.25 per share, with $106.45 as the 52 week high point — that compares with a last trade of $100.00.

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