CSD Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of the Guggenheim Spin-Off ETF ( CSD) crossed below their 200 day moving average of $46.19, changing hands as low as $45.90 per share. Guggenheim Spin-Off shares are currently trading off about 2.4% on the day. The chart below shows the one year performance of CSD shares, versus its 200 day moving average:

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Guggenheim Spin-Off 200 Day Moving Average Chart

Looking at the chart above, CSD's low point in its 52 week range is $41.29 per share, with $49.27 as the 52 week high point — that compares with a last trade of $45.95.

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