iShares International Inflation-Linked Bond Breaks Above 200-Day Moving Average - Bullish for ITIP

In trading on Friday, shares of the iShares International Inflation-Linked Bond ETF ( ITIP) crossed above their 200 day moving average of $46.33, changing hands as high as $46.35 per share. iShares International Inflation-Linked Bond shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of ITIP shares, versus its 200 day moving average:

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iShares International Inflation-Linked Bond 200 Day Moving Average Chart

Looking at the chart above, ITIP's low point in its 52 week range is $44.53 per share, with $51.53 as the 52 week high point — that compares with a last trade of $46.35.

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