DRX DLY 20+ YR TREAS BULL 3X (TMF) Stock Technical Analysis
USA - NYSEARCA:TMF - US25460G1388 - ETF
42.09 USD
+1.8 (+4.47%)
42.24 USD
+0.15 (+0.36%)
Taking everything into account, TMF scores 7 out of 10 in our technical rating. In the last year, TMF was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
TMF has an average volume of 7214900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, TMF turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
TMF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TMF is lagging the market.
In the last month TMF has a been trading in the 39.08 - 43.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although TMF has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
35.49
58.68
3 important support areas can be observed.
- A support zone ranging from 39.29 to 40.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.78 from a trend line in the daily time frame.
- A support zone ranging from 35.85 to 36.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 42.10 to 42.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @58.10 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for TMF is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TMF is up. |
| ChartMill Relative Strength | 40.59 | NEUTRAL | TMF is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of TMF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TMF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.45 | NEUTRAL | The RSI value for TMF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TMF has a positive trend. |
| Stochastics (14,3) | 71.45 | NEUTRAL | The Stochastics value for TMF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for TMF suggests some volalility. |
| Average Directional Index/ADX (14) | 19.8 | 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)
42.09
+1.8 (+4.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.47%
1 Week3.9%
2 Weeks6.34%
1 Month1.06%
3 Month16.21%
6 Month9.87%
12 Month-16.65%
2 Year5.75%
3 Year-39.53%
5 Year-88.26%
10 Year-78.47%
15 Year-60.96%
Volatility
ATR(14)0.9
ATR(20)%2.2%
ATR Inc45.1%
Range Today1.1
ADR(20)0.76
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.59
Mansfield-0.61
10 Day High42.29
10 Day Low39.59
20 Day High43.1
20 Day Low39.08
52 Week High53.54
52 Week Low33.51
CS1 End40.55
CR1 Start42.1
Volume & EV
DER(3)0.96%
DER(5)1.86%
Volume9.77M
Volume Incr-4.16%
Vol(5)6.11M
Vol(50)7.21M