CMBS Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of the iShares CMBS ETF ( CMBS) crossed below their 200 day moving average of $51.78, changing hands as low as $51.68 per share. iShares CMBS shares are currently trading down about 0.3% on the day. The chart below shows the one year performance of CMBS shares, versus its 200 day moving average:

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iShares CMBS 200 Day Moving Average Chart

Looking at the chart above, CMBS's low point in its 52 week range is $50.94 per share, with $52.61 as the 52 week high point — that compares with a last trade of $51.75.

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IShares CMBS Breaks Below 200-Day Moving Average - Notable For CMBS