INNOVATOR 20 YR TREAS BOND 5 (TFJL) Stock Technical Analysis
NYSEARCA:TFJL - NYSE Arca - US45782C2439 - ETF - Currency: USD
Overall TFJL gets a technical rating of 0 out of 10. TFJL 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, TFJL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 19.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.65, a Stop Loss order could be placed below this zone.
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19.34
When analyzing the support we notice one important area.
- A support zone ranging from 19.54 to 19.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 19.76 to 20.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.56 from a horizontal line in the daily time frame.
- Resistance @21.06 from a horizontal line in the daily time frame.
- A resistance zone ranging from 21.41 to 21.77. This zone is formed by a combination of multiple trend lines 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 TFJL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TFJL is down. |
| ChartMill Relative Strength | 26.23 | NEGATIVE | TFJL has a low relative strength, it was outperformed by 73.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TFJL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TFJL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TFJL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.11 | NEUTRAL | The RSI value for TFJL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TFJL has a positive trend. |
| Stochastics (14,3) | 43.09 | NEUTRAL | The Stochastics value for TFJL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.53 | LOW VOLATILITY | The low ATR as a percentage value for TFJL suggests low volalility. |
| Average Directional Index/ADX (14) | 13.04 | NEGATIVE | The low ADX value for TFJL suggests a weak or negative trend. |
NYSEARCA:TFJL (7/25/2025, 8:04:00 PM)
19.725
+0.07 (+0.36%)