PICK Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of the iShares MSCI Global Metals & Mining Producers ETF ( PICK) crossed below their 200 day moving average of $19.78, changing hands as low as $19.10 per share. iShares MSCI Global Metals & Mining Producers shares are currently trading off about 0.9% on the day. The chart below shows the one year performance of PICK shares, versus its 200 day moving average:

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iShares MSCI Global Metals & Mining Producers 200 Day Moving Average Chart

Looking at the chart above, PICK's low point in its 52 week range is $18.00 per share, with $21.80 as the 52 week high point — that compares with a last trade of $19.68.

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