ProShares Short 20+ Year Treasury Breaks Above 200-Day Moving Average - Bullish For TBF

In trading on Monday, shares of the ProShares Short 20+ Year Treasury ETF ( TBF) crossed above their 200 day moving average of $25.83, changing hands as high as $26.01 per share. ProShares Short 20+ Year Treasury shares are currently trading up about 2.3% on the day. The chart below shows the one year performance of TBF shares, versus its 200 day moving average:

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ProShares Short 20+ Year Treasury 200 Day Moving Average Chart

Looking at the chart above, TBF's low point in its 52 week range is $22.87 per share, with $29.77 as the 52 week high point — that compares with a last trade of $26.00.

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