PROSHARES SHORT 20+ TREASURY (TBF)

US74347X8496 - ETF

21.97  +0.01 (+0.05%)

After market: 21.97 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to TBF. TBF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
75% of all other stocks performed better in the past year than TBF.
TBF is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so TBF is lagging the market.
In the last month TBF has a been trading in a tight range between 21.70 and 22.73.
Weekly and Daily overview Charts
TBF Weekly chart
TBF Daily chart
Setup Rating and Analysis

3

The technical rating of TBF is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

21.38

25.27

When analyzing the support we notice one important area.

  • A support zone ranging from 21.60 to 21.96. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 22.26 to 23.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @24.21 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 24.92 to 25.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.25
Mansfield-1.56
10 Day High22.73
10 Day Low21.7
20 Day High22.73
20 Day Low21.7
52 Week High27.03
52 Week Low21.7
Performance
1 Week-2.09%
2 Weeks-1.7%
1 Month-3.89%
3 Month-8.72%
6 Month-4.35%
12 Month-7.49%
2 Year-1.48%
3 Year31.71%
5 Year17.05%
10 Year-20.8%
15 Year-53.51%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)37.16
LBB21.88
UBB22.62
TBF Daily chart

PROSHARES SHORT 20+ TREASURY

NYSEARCA:TBF (9/6/2024, 8:04:00 PM)

After market: 21.97 0 (0%)

21.97

+0.01 (+0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.05%
1 Week-2.09%
2 Weeks-1.7%
1 Month-3.89%
3 Month-8.72%
6 Month-4.35%
12 Month-7.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.23
ATR(20)%1.05%
ATR Inc
Range Today0.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High22.73
10 Day Low21.7
20 Day High22.73
20 Day Low21.7
52 Week High27.03
52 Week Low21.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume233.20K
Volume Incr30%
Vol(5)263.74K
Vol(50)197.20K