DIR DA 20+YR TRE BE 3X ETF-U (TMV) Technical Analysis
NYSEARCA:TMV • US25460G8490
Current stock price
TMV Technical Rating and Analysis
Overall TMV gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TMV is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- TMV has an average volume of 1062270 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, TMV turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
- TMV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TMV is lagging the market slightly.
- In the last month TMV has a been trading in the 34.45 - 39.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TMV Weekly and Daily overview Charts
TMV Setup Rating and Analysis
TMV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 38.67. Right above this resistance zone may be a good entry point.
More info and screens
TMV Support and Resistance Analysis
31.58
3 important support areas can be observed.
- A support zone ranging from 33.51 to 33.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.64 to 32.65. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 31.90 to 31.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 38.67 to 39.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
TMV Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for TMV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TMV is up. |
| ChartMill Relative Strength | 50.8 | NEUTRAL | TMV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TMV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TMV is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TMV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.17 | NEUTRAL | The RSI value for TMV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests TMV has a negative trend. |
| Stochastics (14,3) | 31.87 | NEUTRAL | The Stochastics value for TMV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for TMV suggests some volalility. |
| Average Directional Index/ADX (14) | 25.92 | POSITIVE | The high ADX value value for TMV suggests a strong trend. |
TMV Chart- and CandleStick Pattern Analysis
TMV Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 37.80 | 36.75 | 1.05 (2.78%) | 25.00% |
| An entry @37.80. This is a Buy Stop order right above the 10 day moving average. | An exit @36.75. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.05 points, which is 2.78%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.70%. |
- The distance between exit and entry is rather small compared to the average daily movement of TMV. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TMV Technicals: Chart, Performance Metrics, Trend & Indicators
36.86
-0.59 (-1.58%)
DIR DA 20+YR TRE BE 3X ETF-U / TMV TA FAQ
Can you provide the ChartMill technical rating for DIR DA 20+YR TRE BE 3X ETF-U?
ChartMill assigns a technical rating of 7 / 10 to TMV.
What is the trend direction for TMV stock?
The current trend direction for DIR DA 20+YR TRE BE 3X ETF-U (TMV) is Bullish.
What is the RSI signal for TMV stock?
DIR DA 20+YR TRE BE 3X ETF-U (TMV) has an RSI value of 50.1679. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DIR DA 20+YR TRE BE 3X ETF-U?
The short term momentum for DIR DA 20+YR TRE BE 3X ETF-U (TMV) is positive.
What is the buy/sell signal for DIR DA 20+YR TRE BE 3X ETF-U (TMV) stock?
The buy/sell signal for DIR DA 20+YR TRE BE 3X ETF-U (TMV) is buy as both the short term and long term trends are positive.