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iShares Short Treasury Bond ETF Surpasses 200 Day Moving Average

iShares Short Treasury Bond ETF's shares crossed above their 200 day moving average, signaling potential upward momentum. The ETF is trading at $110.34.

Date: 
AI Rating:   6

Technical Analysis of SHV ETF: The iShares Short Treasury Bond ETF (Symbol: SHV) recently crossed above its 200-day moving average of $110.30, indicating a potential bullish trend. On January 17, 2025, shares traded as high as $110.34, representing a marginal increase of 0.1% on the day.

Examining the 52-week range, SHV's low point was $109.91, while its high reached $110.64, showcasing some volatility within this period. Investors often consider such movements above key moving averages as a positive signal, potentially influencing buying activity.