PROSHARES SHORT 20+ TREASURY (TBF)

US74347X8496 - ETF

23.48  -0.18 (-0.76%)

After market: 23.31 -0.17 (-0.72%)

Technical Rating and Analysis

2

Overall TBF gets a technical rating of 2 out of 10. 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.

68% of all other stocks performed better in the past year than TBF.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
TBF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TBF is lagging the market slightly.
In the last month TBF has a been trading in a tight range between 23.08 and 24.19.
Weekly and Daily overview Charts
TBF Weekly chart
TBF Daily chart
Setup Rating and Analysis

8

TBF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 23.46, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

20.46

25.09

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 22.89 to 23.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @21.60 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.

2 important resistance areas can be observed.

  • A resistance zone ranging from 23.51 to 24.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @24.84 from a horizontal line in the daily time frame.
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
CRS32.34
Mansfield-1.3
10 Day High23.85
10 Day Low23.08
20 Day High24.19
20 Day Low23.08
52 Week High27.03
52 Week Low21.72
Performance
1 Week0.09%
2 Weeks1.21%
1 Month0.73%
3 Month-5.78%
6 Month0.26%
12 Month4.68%
2 Year20.16%
3 Year44.85%
5 Year15.27%
10 Year-17.76%
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)0.05
RSI(14)48.08
LBB23.05
UBB23.82
TBF Daily chart

PROSHARES SHORT 20+ TREASURY

NYSEARCA:TBF (7/26/2024, 7:04:00 PM)

After market: 23.31 -0.17 (-0.72%)

23.48

-0.18 (-0.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.76%
1 Week0.09%
2 Weeks1.21%
1 Month0.73%
3 Month-5.78%
6 Month0.26%
12 Month4.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.24
ATR(20)%1.13%
ATR Inc
Range Today0.1
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 High23.85
10 Day Low23.08
20 Day High24.19
20 Day Low23.08
52 Week High27.03
52 Week Low21.72
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume172.20K
Volume Incr31.34%
Vol(5)200.82K
Vol(50)190.70K