PROSHARES SHORT 20+ TREASURY (TBF)

US74347X8496 - ETF

23.69  +0.16 (+0.68%)

Technical Rating and Analysis

5

Taking everything into account, TBF scores 5 out of 10 in our technical rating. TBF has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month TBF has a been trading in the 22.20 - 23.89 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, TBF turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
TBF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TBF is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
TBF Weekly chart
TBF Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, TBF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Support and Resistance Analysis

20.46

27.18

5 important support areas can be observed.

  • A support zone ranging from 23.35 to 23.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 22.33 to 22.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 21.60 to 21.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @21.12 from a horizontal line in the weekly time frame.
  • A support zone ranging from 20.67 to 20.67. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • Resistance @23.69 from a trend line in the daily time frame.
  • A resistance zone ranging from 26.75 to 26.91. 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
CRS51.3
Mansfield-1.04
10 Day High23.89
10 Day Low23.41
20 Day High23.89
20 Day Low22.21
52 Week High27.03
52 Week Low20.6
Performance
1 Week-0.08%
2 Weeks1.54%
1 Month2.24%
3 Month-1.04%
6 Month0.38%
12 Month6.57%
2 Year40.68%
3 Year37.65%
5 Year4.32%
10 Year-22.68%
15 YearN/A
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)0.01
RSI(14)56.75
LBB23.16
UBB23.96
TBF Daily chart

PROSHARES SHORT 20+ TREASURY

NYSEARCA:TBF (2/27/2024, 7:04:00 PM)

23.69

+0.16 (+0.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.68%
1 Week-0.08%
2 Weeks1.54%
1 Month2.24%
3 Month-1.04%
6 Month0.38%
12 Month6.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.21
ATR(20)%1.14%
ATR Inc
Range Today0.16
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 High23.89
10 Day Low23.41
20 Day High23.89
20 Day Low22.21
52 Week High27.03
52 Week Low20.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume192.50K
Volume Incr-33.82%
Vol(5)313.12K
Vol(50)496.47K