iShares Barclays 20+ Year Treasury Bond Fund Set to Possibly Rebound After Yesterday's Selloff of 1.56%
iShares Barclays 20+ Year Treasury Bond Fund (AMEX:TLT) traded in a range yesterday that spanned from a low of $135.41 to a high of $136.12. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $137.26 on volume of 6.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
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 $135.65, which is 20% above that low price. Over the past week, 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: rebounders amex:tlt ishares barclays 20+ year treasury bond fund