Look for Shares of iShares Barclays 20+ Year Treasury Bond Fund to Potentially Pullback after Yesterday's 1.17% Rise
iShares Barclays 20+ Year Treasury Bond Fund (AMEX:TLT) traded in a range yesterday that spanned from a low of $132.60 to a high of $133.13. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $131.69 on volume of 5.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
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.
iShares Barclays 20+ Year Treasury Bond Fund share prices have moved between a 52-week high of $138.50 and a 52-week low of $112.73 and are now trading 18% above that low price at $132.84 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.
Keywords: rebounders amex:tlt ishares barclays 20+ year treasury bond fund