iShares Global Healthcare Breaks Above 200-Day Moving Average - Bullish for IXJ

In trading on Wednesday, shares of the iShares Global Healthcare ETF (Symbol: IXJ) crossed above their 200 day moving average of $92.39, changing hands as high as $93.08 per share. iShares Global Healthcare shares are currently trading up about 1% on the day. The chart below shows the one year performance of IXJ shares, versus its 200 day moving average:

Looking at the chart above, IXJ's low point in its 52 week range is $80.681 per share, with $101.78 as the 52 week high point — that compares with a last trade of $92.72. Never miss the next high-yield opportunity: Preferred Stock Alerts sends timely, actionable picks on income-producing preferred stocks and baby bonds, straight to your inbox.

Click here to find out which 9 other ETFs recently crossed above their 200 day moving average »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.