iShares Global Timber & Forestry (WOOD) Shares Cross Above 200 DMA

In trading on Thursday, shares of the iShares Global Timber & Forestry ETF ( WOOD) crossed above their 200 day moving average of $51.60, changing hands as high as $51.67 per share. iShares Global Timber & Forestry shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of WOOD shares, versus its 200 day moving average:

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iShares Global Timber & Forestry 200 Day Moving Average Chart

Looking at the chart above, WOOD's low point in its 52 week range is $46.67 per share, with $54.32 as the 52 week high point — that compares with a last trade of $51.54.

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