BMO Long Corporate Bond Index ETF Breaks Above 200-Day Moving Average - Bullish for ZLC

In trading on Thursday, shares of BMO Long Corporate Bond Index ETF (TSX: ZLC.TO) crossed above their 200 day moving average of $18.46, changing hands as high as $18.48 per share. BMO Long Corporate Bond Index ETF shares are currently trading trading flat on the day. The chart below shows the one year performance of ZLC shares, versus its 200 day moving average:

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BMO Long Corporate Bond Index ETF 200 Day Moving Average Chart

Looking at the chart above, ZLC's low point in its 52 week range is $17.54 per share, with $19.49 as the 52 week high point — that compares with a last trade of $18.43.

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