TLT Stock Summary and Trading Ideas (iShares 20+ Year Treasury Bond ETF | NASDAQ:TLT)

The iShares 20+ Year Treasury Bond ETF seeks to track the investment results of an index composed of U.S. Treasury bonds with remaining maturities greater than twenty years. The ICE U.S. Treasury 20+ Year Bond Index is part of a series of indices intended to assess U.S. Treasury issued debt. Only U.S. dollar denominated, fixed rate securities with minimum term to maturity greater than twenty years are included.

iShares 20+ Year Treasury Bond ETF trades on the NASDAQ stock market under the symbol TLT.

As of November 12, 2024, TLT stock price declined to $90.75 with 26,418,472 million shares trading.

TLT has a beta of 0.30, meaning it tends to be less sensitive to market movements. TLT has a correlation of 0.06 to the broad based SPY ETF.

TLT has a market cap of $61.08 billion. This is considered a Large Cap stock.

In the last 3 years, TLT traded as high as $155.12 and as low as $82.42.

TLT has underperformed the market in the last year with a price return of +7.3% while the SPY ETF gained +37.3%. TLT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.7% and -0.9%, respectively, while the SPY returned +12.5% and +3.0%, respectively.

TLT support price is $91.13 and resistance is $92.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TLT shares will trade within this expected range on the day.