IXC Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of the iShares Global Energy ETF ( IXC) crossed below their 200 day moving average of $44.94, changing hands as low as $44.93 per share. iShares Global Energy shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of IXC shares, versus its 200 day moving average:

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iShares Global Energy 200 Day Moving Average Chart

Looking at the chart above, IXC's low point in its 52 week range is $39.60 per share, with $49.71 as the 52 week high point — that compares with a last trade of $44.97.

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