We assign a technical rating of 2 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.
Although the technical rating is bad, TBF does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 23.87, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
22.78
When analyzing the support we can see 2 important areas.
2 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for TBF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TBF is neutral. |
| ChartMill Relative Strength | 29.52 | NEGATIVE | TBF has a low relative strength, it was outperformed by 70.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TBF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TBF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TBF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.23 | NEUTRAL | The RSI value for TBF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TBF has a negative trend. |
| Stochastics (14,3) | 35.33 | NEUTRAL | The Stochastics value for TBF is a neutral value. |
| Average True Range in percent/ATR (20) | 0.7 | LOW VOLATILITY | The low ATR as a percentage value for TBF suggests low volalility. |
| Average Directional Index/ADX (14) | 18.85 | NEGATIVE | The low ADX value for TBF suggests a weak or negative trend. |
NYSEARCA:TBF (1/9/2026, 8:04:00 PM)
23.95
-0.15 (-0.62%)
ChartMill assigns a technical rating of 2 / 10 to TBF.
The current trend direction for PROSHARES SHORT 20+ TREASURY (TBF) is Bearish.
PROSHARES SHORT 20+ TREASURY (TBF) has an RSI value of 48.229. This indicates that the stock is currently neutral.
PROSHARES SHORT 20+ TREASURY (TBF) has a support level at 23.87 and a resistance level at 23.96. Check the full technical report for our detailed analysis of TBF support and resistance levels.