DRX DLY 20+ YR TREAS BEAR 3X (TMV)

US25460G8490 - ETF

38.2  +0.72 (+1.92%)

Technical Rating and Analysis

9

Taking everything into account, TMV 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, TMV is showing a nice and steady performance.

In the last month TMV has a been trading in the 36.91 - 42.32 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, TMV did better than 82% of all other stocks.
TMV has an average volume of 2186580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TMV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TMV is lagging the market.
Weekly and Daily overview Charts
TMV Weekly chart
TMV Daily chart
Setup Rating and Analysis

3

Although TMV has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

30.09

42.21

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 36.63 to 37.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @35.74 from a trend line in the daily time frame.
  • A support zone ranging from 32.13 to 32.19. 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.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 41.08 to 41.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @41.79 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.84
Mansfield-0.71
10 Day High42.32
10 Day Low36.91
20 Day High42.32
20 Day Low36.91
52 Week High53.77
52 Week Low28.01
Performance
1 Week-8.83%
2 Weeks-6.25%
1 Month4.61%
3 Month8.73%
6 Month-13.4%
12 Month33.91%
2 Year50.39%
3 Year100.03%
5 Year7.01%
10 Year-68.97%
15 Year-81.47%
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)-0.49
RSI(14)44.26
LBB37.69
UBB42.2
TMV Daily chart

DRX DLY 20+ YR TREAS BEAR 3X

NYSEARCA:TMV (5/8/2024, 2:23:02 PM)

38.2

+0.72 (+1.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.92%
1 Week-8.83%
2 Weeks-6.25%
1 Month4.61%
3 Month8.73%
6 Month-13.4%
12 Month33.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.2
ATR(20)%3.61%
ATR Inc
Range Today0.3
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 High42.32
10 Day Low36.91
20 Day High42.32
20 Day Low36.91
52 Week High53.77
52 Week Low28.01
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.18M
Volume Incr-8.02%
Vol(5)2.35M
Vol(50)2.19M