ZFL Crosses Below Key Moving Average Level

In trading on Wednesday, shares of BMO Long Federal Bond Index ETF (TSX: ZFL.TO) crossed below their 200 day moving average of $17.94, changing hands as low as $17.80 per share. BMO Long Federal Bond Index ETF shares are currently trading down about 0.9% on the day. The chart below shows the one year performance of ZFL shares, versus its 200 day moving average:

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BMO Long Federal Bond Index ETF 200 Day Moving Average Chart

Looking at the chart above, ZFL's low point in its 52 week range is $16.58 per share, with $19.35 as the 52 week high point — that compares with a last trade of $17.80.

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