Traders Are Bullish Barclays PLC – iPath US Treasury 2-year Bear ETN (DTUS) After The Stock Formed Bullish Double Top Chart Pattern

July 18, 2017 - By Kurt Siggers

The chart of Barclays PLC – iPath US Treasury 2-year Bear ETN (DTUS) shows a double top with $31.97 target or 3.00 % above today’s $31.04 share price. The 6 months chart pattern indicates low risk for the $10.71M company. It was reported on Jul, 18 by Finviz.com. If the $31.97 price target is reached, the company will be worth $321,300 more. Double tops are rare but powerful chart patterns.

The stock decreased 0.12% or $0.04 on July 17, reaching $31.04. About shares traded. Barclays PLC – iPath US Treasury 2-year Bear ETN (NASDAQ:DTUS) has declined 1.90% since July 18, 2016 and is downtrending. It has underperformed by 18.60% the S&P500.

More notable recent Barclays PLC – iPath US Treasury 2-year Bear ETN (NASDAQ:DTUS) news were published by: Etfdb.com which released: “iPath Rolls Out Eight New Treasury ETNs” on August 10, 2010, also Zacks.com with their article: “5 Ways to Play Rising Rates with Hedged & Inverse ETFs” published on February 16, 2015, Forbes.com published: “Long ETFs and ETNs for the Short Treasury Trade” on March 15, 2012. More interesting news about Barclays PLC – iPath US Treasury 2-year Bear ETN (NASDAQ:DTUS) were released by: Marketwatch.com and their article: “How to Short the US Government” published on February 15, 2011 as well as Zacks.com‘s news article titled: “Three Bond ETFs For A Fixed Income Bear Market” with publication date: January 18, 2012.

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