IOO Makes Bullish Cross Above Critical Moving Average

In trading on Monday, shares of the iShares Global 100 ETF (IOO) crossed above their 200 day moving average of $77.71, changing hands as high as $77.86 per share. iShares Global 100 shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of IOO shares, versus its 200 day moving average:

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iShares Global 100 200 Day Moving Average Chart

Looking at the chart above, IOO's low point in its 52 week range is $71.30 per share, with $81.45 as the 52 week high point — that compares with a last trade of $77.50.

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