iShares Global Materials (MXI) Shares Cross Below 200 DMA

In trading on Monday, shares of the iShares Global Materials ETF (Symbol: MXI) crossed below their 200 day moving average of $108.23, changing hands as low as $107.49 per share. iShares Global Materials shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of MXI shares, versus its 200 day moving average: Looking at the chart above, MXI's low point in its 52 week range is $87.82 per share, with $118.51 as the 52 week high point — that compares with a last trade of $108.11.