iShares Barclays 20+ Year Treasury Bond Fund Crosses Below its 10-day MA (TLT)
Today, shares of iShares Barclays 20+ Year Treasury Bond Fund (AMEX:TLT) have crossed bearishly below their 10-day moving average of $141.14 on a volume of 3.1 million shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
iShares Barclays 20+ Year Treasury Bond Fund share prices have moved between a 52-week high of $143.62 and a 52-week low of $112.73 and are now trading 25% above that low price at $140.67 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.
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