SPDR S&P Biotech Breaks Above 200-Day Moving Average - Bullish for XBI
Posted on November 09, 2012 at 13:19 PM EST
In trading on Friday, shares of the SPDR S&P Biotech ETF (XBI) crossed above their 200 day moving average of $84.46, changing hands as high as $84.82 per share. SPDR S&P Biotech shares are currently trading up about 1.8% on the day.