DRX DLY 20+ YR TREAS BEAR 3X (TMV)       127.96  -2.53 (-1.94%)

127.96  -2.53 (-1.94%)

US25460G8490 - ETF - After market: 126.6 -1.36 (-1.06%)

Technical Rating

6

Taking everything into account, TMV scores 6 out of 10 in our technical rating. In the last year, TMV was one of the better performers, but we do observe some doubts in the very recent evolution.



Looking at the yearly performance, TMV did better than 99% of all other stocks. On top of that, TMV also shows a nice and consistent pattern of rising prices.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
TMV is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month TMV has a been trading in the 123.74 - 172.81 range, which is quite wide. It is currently trading near the lows of this range.

Statistics

1 Month 3 Months 6 Months 12 Months -18.42% 18.97% 29.45% 167.12% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 99.32 48.81 - 183.13
TMV Weekly chart
TMV Daily chart

Support/Resistance Analysis


88.08

161.77
We found 4 important support areas.
  • A support zone ranging from 125.80 to 127.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @115.08 from a trend line in the weekly time frame.
  • Support @107.97 from a trend line in the daily time frame.
  • Support @88.97 from a horizontal line in the daily time frame.
We found 1 important resistance area.
  • Resistance @160.17 from a trend line in the daily time frame.

Setup Analysis

Setup Rating

4

TMV has an average technical rating and also the quality of the setup is only medium 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.


TMV Daily chart

DRX DLY 20+ YR TREAS BEAR 3X127.96

NYSEARCA:TMV (11/30/2022, 3:15:00 PM)-2.53 (-1.94%)

After market: 126.6 -1.36 (-1.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A
Performance
Today -1.94% 1 Week -5.63%
2 Weeks -12.69% 1 Month -18.42%
3 Month 18.97% 6 Month 29.45%
Volatility
ATR(14) 6.7 ATR(20)% 5.46%
ATR Inc -39% Range Today 4.94
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 99.32 Mansfield 3.65
10 Day High 147.21 10 Day Low 123.74
20 Day High 172.81 20 Day Low 123.74
52 Week High 183.13 52 Week Low 48.81
CS1 End 127.25 CR1 Start 160.17
Volume & EV
DER(3) -4.31% DER(5) -5.75%
Volume 324.76K Volume Incr -17.84%
Vol(5) 361.64K Vol(50) 440.77K

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