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Bullish Two Hundred Day Moving Average Cross - IBN

By Market News Video Staff, Tuesday, June 28, 4:52 PM ET
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In trading on Tuesday, shares of ICICI Bank Ltd (NYSE:IBN) crossed above their 200 day moving average of $48.26, changing hands as high as $48.95 per share. ICICI Bank Ltd shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of IBN shares, versus its 200 day moving average:

ICICI Bank Ltd  200 Day Moving Average Chart

Looking at the chart above, IBN's low point in its 52 week range is $35.16 per share, with $58.22 as the 52 week high point — that compares with a last trade of $48.65.

According to the ETF Finder at ETF Channel, IBN makes up 7.08% of the First Trust ISE Chindia Index Fund ETF (AMEX:FNI) which is trading higher by about 2.5% on the day Tuesday.

     See what other ETFs contain IBN »
     See what other stocks are held by FNI »

IBN operates in the Banking & Savings sector, among companies like CIT Group, Inc. (NYSE:CIT) which is up about 0.9% today, and Banco Santander Chile (NYSE:SAN) trading up by about 0.5%. Below is a three month price history chart comparing the stock performance of IBN, versus CIT and SAN.

IBN,CIT,SAN Relative Performance Chart


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