DRX DLY 20+ YR TREAS BULL 3X (TMF) Stock Technical Analysis
NYSEARCA:TMF - NYSE Arca - US25460G1388 - ETF - Currency: USD
Taking everything into account, TMF scores 1 out of 10 in our technical rating. TMF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TMF is a bad performer in the overall market: 87% of all stocks are doing better.
TMF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TMF is lagging the market.
In the last month TMF has a been trading in the 33.51 - 38.46 range, which is quite wide. It is currently trading near the high of this range.
TMF has an average volume of 10800700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TMF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
36.83
45.40
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 37.21 to 37.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 38.43 to 38.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 41.21 to 41.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 44.79 to 44.95. 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 TMF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TMF is neutral. |
| ChartMill Relative Strength | 13.37 | NEGATIVE | TMF has a low relative strength, it was outperformed by 86.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TMF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TMF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TMF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.36 | NEUTRAL | The RSI value for TMF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests TMF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.54 | NEUTRAL | The Stochastics value for TMF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for TMF suggests some volalility. |
| Average Directional Index/ADX (14) | 14.92 | NEGATIVE | The low ADX value for TMF suggests a weak or negative trend. |
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)
37.2
-1.22 (-3.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.18%
1 Week2.82%
2 Weeks0.7%
1 Month0.3%
3 Month-14.25%
6 Month-16.48%
12 Month-31.09%
2 Year-52.31%
3 Year-70.22%
5 Year-90.85%
10 Year-78.32%
15 Year-67.23%
Volatility
ATR(14)1.24
ATR(20)%3.46%
ATR Inc39%
Range Today1.46
ADR(20)0.99
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.37
Mansfield-2.34
10 Day High38.46
10 Day Low35.56
20 Day High38.46
20 Day Low33.51
52 Week High64.98
52 Week Low33.51
CS1 EndN/A
CR1 Start37.21
Volume & EV
DER(3)1.99%
DER(5)2.77%
Volume10.10M
Volume Incr-31.97%
Vol(5)7.76M
Vol(50)10.80M