Notable Two Hundred Day Moving Average Cross - MXI

In trading on Wednesday, shares of the iShares Global Materials ETF ( MXI) crossed below their 200 day moving average of $58.22, changing hands as low as $57.60 per share. iShares Global Materials shares are currently trading down about 1.9% on the day. The chart below shows the one year performance of MXI shares, versus its 200 day moving average:

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iShares Global Materials 200 Day Moving Average Chart

Looking at the chart above, MXI's low point in its 52 week range is $53.45 per share, with $66.14 as the 52 week high point — that compares with a last trade of $57.71.

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