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

In trading on Tuesday, shares of the ProShares Short 20+ Year Treasury ETF (TBF) crossed above their 200 day moving average of $25.65, changing hands as high as $25.85 per share. ProShares Short 20+ Year Treasury shares are currently trading up about 1.2% 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 $29.60 as the 52 week high point — that compares with a last trade of $25.88.

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