iShares Barclays 20+ Year Treasury Bond Fund Set to Possibly Rebound After Yesterday's Selloff of 1.13%
iShares Barclays 20+ Year Treasury Bond Fund (AMEX:TLT) traded in a range yesterday that spanned from a low of $137.10 to a high of $138.64. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $137.45 on volume of 4.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SmarTrend is monitoring the recent change of momentum in iShares Barclays 20+ Year Treasury Bond Fund. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of iShares Barclays 20+ Year Treasury Bond Fund in search of a potential trend change.
In the past 52 weeks, shares of iShares Barclays 20+ Year Treasury Bond Fund have traded between a low of $112.73 and a high of $143.62 and are now at $137.36, which is 22% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.2%.
Keywords: rebounders amex:tlt ishares barclays 20+ year treasury bond fund