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iShares Barclays 20+ Year Treasury Bond Fund Crosses Above its 10-day MA (TLT)

By David Diaz

Today, shares of iShares Barclays 20+ Year Treasury Bond Fund (AMEX:TLT) have advanced above their 10-day MA of $139.15 on a volume of 1.6 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, iShares Barclays 20+ Year Treasury Bond Fund has traded in a range of $112.73 to $143.62 and is now at $140.59, 25% above that low. The 200-day and 50-day moving averages have moved 0.18% higher and 0.1% lower over the past week, respectively.

SmarTrend is tracking the current trend status for iShares Barclays 20+ Year Treasury Bond Fund and will alert subscribers who have TLT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses amex:tlt ishares barclays 20+ year treasury bond fund

Ticker(s): TLT