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Blackrock Incorporated Breaks Above 200-Day Moving Average - Bullish for BLK
By Dividend Channel Staff, Friday, June 15, 4:01 PM ET
In trading on Friday, shares of Blackrock Incorporated (NYSE:BLK) crossed above their 200 day moving average of $176.06, changing hands as high as $177.65 per share. Blackrock Incorporated shares are currently trading up about 2.8% on the day. The chart below shows the one year performance of BLK shares, versus its 200 day moving average:
Looking at the chart above, BLK's low point in its 52 week range is $137.00 per share, with $209.37 as the 52 week high point — that compares with a last trade of $177.50.
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According to the ETF Finder at ETF Channel, BLK makes up 2.60% of the SPDR S&P Capital Markets ETF (AMEX:KCE) which is trading higher by about 1.4% on the day Friday.
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