Look for Shares of iShares Barclays 20+ Year Treasury Bond Fund to Potentially Rebound after Yesterday's 1.09% Sell Off
iShares Barclays 20+ Year Treasury Bond Fund (AMEX:TLT) traded in a range yesterday that spanned from a low of $129.71 to a high of $130.85. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $130.98 on volume of 3.5 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.
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 15% above that low price at $129.92 per share. 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