IYZ Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of the iShares U.S. Telecommunications ETF (IYZ) crossed above their 200 day moving average of $30.09, changing hands as high as $30.26 per share. iShares U.S. Telecommunications shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of IYZ shares, versus its 200 day moving average:

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iShares U.S. Telecommunications 200 Day Moving Average Chart

Looking at the chart above, IYZ's low point in its 52 week range is $27.52 per share, with $32.35 as the 52 week high point — that compares with a last trade of $30.24.

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