iShares Barclays 7-10 Year Treasury Bond Fund Bearish Moving Average Crossover Alert (IEF)
iShares Barclays 7-10 Year Treasury Bond Fund (AMEX:IEF) shares have crossed bearishly below their 10-day moving average of $112.33 on a volume of 491K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
In the past 52 weeks, shares of iShares Barclays 7-10 Year Treasury Bond Fund have traded between a low of $103.76 and a high of $113.91 and are now at $112.09, which is 8% above that low price. Over the past week, 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