Bullish Moving Average Cross by iShares Barclays 7-10 Year Treasury Bond Fund (IEF)
iShares Barclays 7-10 Year Treasury Bond Fund (AMEX:IEF) crossed over its 10-day moving average of $112.27 on a volume of 151K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
iShares Barclays 7-10 Year Treasury Bond Fund share prices have moved between a 52-week high of $113.91 and a 52-week low of $103.76 and are now trading 9% above that low price at $112.65 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.
SmarTrend is tracking the current trend status for iShares Barclays 7-10 Year Treasury Bond Fund and will alert subscribers who have IEF in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses amex:ief ishares barclays 7-10 year treasury bond fund