Taking everything into account, TBJL scores 4 out of 10 in our technical rating. TBJL has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
TBJL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.16, a Stop Loss order could be placed below this zone.
More info and screens
19.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 19.95 to 20.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.30 to 19.63. 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 20.23 to 20.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.36 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for TBJL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TBJL is neutral. |
| ChartMill Relative Strength | 60.28 | NEUTRAL | TBJL is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of TBJL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.08 | NEUTRAL | The RSI value for TBJL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TBJL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.93 | NEUTRAL | The Stochastics value for TBJL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.5 | LOW VOLATILITY | The low ATR as a percentage value for TBJL suggests low volalility. |
| Average Directional Index/ADX (14) | 14.95 | NEGATIVE | The low ADX value for TBJL suggests a weak or negative trend. |
NYSEARCA:TBJL (11/21/2025, 8:04:00 PM)
20.195
+0.08 (+0.4%)
INNOVATOR 20 YR T BOND 9 BUF / TBJL FAQ
Can you provide the ChartMill technical rating for INNOVATOR 20 YR T BOND 9 BUF?
ChartMill assigns a technical rating of 4 / 10 to TBJL.
Can you provide the trend direction for INNOVATOR 20 YR T BOND 9 BUF?
The current trend direction for INNOVATOR 20 YR T BOND 9 BUF (TBJL) is Bullish.
What is the RSI signal for INNOVATOR 20 YR T BOND 9 BUF (TBJL) stock?
INNOVATOR 20 YR T BOND 9 BUF (TBJL) has an RSI value of 49.0752. This indicates that the stock is currently neutral.
What is the MACD signal for TBJL stock?
The MACD indicator for INNOVATOR 20 YR T BOND 9 BUF (TBJL) has a value of -0.0154662, indicating a bearish trend.
Can you provide the short term momentum for INNOVATOR 20 YR T BOND 9 BUF?
The short term momentum for INNOVATOR 20 YR T BOND 9 BUF (TBJL) is neutral.