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How Are IHI’s Holdings’ Moving Averages Trending?

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IHI’s moving averages

The iShares U.S Medical Devices ETF (IHI) has 47 stocks in its portfolio. As of June 9, 2016, 94% of IHI’s stocks were trading above their 20-day moving averages, 91% were trading above their 50-day moving averages, and 96% were trading above their 100-day moving averages.

This was a good jump compared to IHI’s stocks’ moving averages on June 2, 2016. That day, 89% were trading above their 20-day moving averages, 79% were trading above their 50-day moving averages, and 91% were trading above their 100-day moving averages.

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The above graph shows the percentage of IHI’s holdings that were trading at various moving averages on a week-over-week basis. On June 9, 2016, out of IHI’s 47 stocks, 44 were trading above their 20-day moving averages, 43 were trading above their 50-day moving averages, and 45 were trading above their 100-day moving averages.

What’s IHI’s moving average trend?

On June 9, 2016, IHI closed at $135.27 and was trading above its 20-day, 50-day, and 100-day moving averages. On the day, IHI’s 20-day moving average was $130.90. On June 2, 2016, its 20-day moving average was $129.80. This rise indicated an upward trend.

A few of IHI’s stocks are trading above their 20-day and 100-day moving averages

Waters Corporation (WAT), Hologic (HOLX), ResMed (RMD), and Varian Medical Systems (VAR) were a few of the 44 of IHI’s stocks that were trading above their 20-day moving averages on June 9, 2016.

IHI’s stocks trading above their 20-day moving averages:

  • Waters Corporation: $135.20 as of June 2, 2016, and $136.80 as of June 9, 2016
  • Hologic: $33.80 as of June 2, 2016, and $34 as of June 9, 2016
  • ResMed: $57.60 as of June 2, 2016, and $58.30 as of June 9, 2016
  • Varian : $82.50 as of June 2, 2016, and $83.20 as of June 9, 2016

All four stocks showed an upward trend.

IHI stocks trading above their 100-day moving averages:

  • Waters Corporation: $128.70 as of June 2, 2016, and $129.40 as of June 9, 2016
  • Hologic: $34.80 as of June 2, 2016, and $34.70 as of June 9, 2016
  • ResMed: $57.80 as of June 2, 2016, and $57.80 as of June 9, 2016
  • Varian: $79.70 as of June 2, 2016, and $80.10 as of June 9, 2016

Hologic showed a downward trend. ResMed and Varian showed upward trends, and Hologic maintained the status quo.

Moving averages help investors to identify price trends. This can help investors to identify support and resistance levels and make informed investment decisions.

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