PROSHARES ULTRASHORT 20+Y TR (TBT)
US74347B2016 - ETF
Taking everything into account, TBT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TBT is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month TBT has a been trading in the 32.69 - 38.13 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, TBT did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
TBT 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 TBT is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although TBT has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
29.08
38.19
We found 4 important support areas.
- A support zone ranging from 34.20 to 34.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.74 to 32.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.39 from a trend line in the weekly time frame.
- Support @29.37 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 37.81 to 37.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.42
Mansfield0.06
10 Day High38.13
10 Day Low35.52
20 Day High38.13
20 Day Low32.69
52 Week High44.96
52 Week Low27.52
Performance
1 Week2.36%
2 Weeks4.83%
1 Month12.97%
3 Month11.64%
6 Month-11.95%
12 Month35.73%
2 Year52.17%
3 Year82.87%
5 Year12.13%
10 Year-41.54%
15 Year-80.84%
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)0.13
RSI(14)66.9
LBB34.59
UBB38.5
PROSHARES ULTRASHORT 20+Y TR
NYSEARCA:TBT (4/24/2024, 7:04:00 PM)
After market: 38.53 +0.73 (+1.93%)37.8
+0.61 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.64%
1 Week2.36%
2 Weeks4.83%
1 Month12.97%
3 Month11.64%
6 Month-11.95%
12 Month35.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.86
ATR(20)%2.18%
ATR Inc
Range Today0.54
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 High38.13
10 Day Low35.52
20 Day High38.13
20 Day Low32.69
52 Week High44.96
52 Week Low27.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume515.10K
Volume Incr-33.85%
Vol(5)485.14K
Vol(50)792.15K