INNOVATOR 20 YR T BOND 9 BUF (TBJL) Stock Technical Analysis
NYSEARCA:TBJL - NYSE Arca - US45782C2355 - ETF - Currency: USD
Overall TBJL gets a technical rating of 0 out of 10. TBJL 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, TBJL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 19.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.43, a Stop Loss order could be placed below this zone.
More info and screens
19.11
When analyzing the support we notice one important area.
- A support zone ranging from 19.30 to 19.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.51 to 20.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for TBJL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TBJL is down. |
| ChartMill Relative Strength | 22.56 | NEGATIVE | TBJL has a low relative strength, it was outperformed by 77.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TBJL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TBJL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TBJL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.09 | NEUTRAL | The RSI value for TBJL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TBJL has a positive trend. |
| Stochastics (14,3) | 56.6 | NEUTRAL | The Stochastics value for TBJL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for TBJL suggests low volalility. |
| Average Directional Index/ADX (14) | 23.9 | NEUTRAL | The ADX value for TBJL suggests a possible start of a new trend. |
NYSEARCA:TBJL (7/28/2025, 8:04:00 PM)
19.4655
-0.08 (-0.43%)