DIR DA 20+YR TRE BE 3X ETF-U (TMV) Technical Analysis
NYSEARCA:TMV • US25460G8490
Current stock price
TMV Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to TMV. Although TMV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month TMV has a been trading in the 33.00 - 38.92 range, which is quite wide. It is currently trading near the high of this range.
- TMV has an average volume of 1099310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, TMV outperforms 62% of them, which is more or less in line with the market.
- 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.
TMV Weekly and Daily overview Charts
TMV Setup Rating and Analysis
Besides having an excellent technical rating, TMV also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
TMV Support and Resistance Analysis
31.58
We found 4 important support areas.
- A support zone ranging from 37.43 to 37.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 35.96 to 36.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.64 to 33.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.90 from a horizontal line in the weekly time frame.
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 | 62.08 | NEUTRAL | TMV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TMV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TMV is above the rising 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) | 60.96 | NEUTRAL | The RSI value for TMV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests TMV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.59 | OVERBOUGHT | The high Stochastics value suggests TMV may be overbought. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for TMV suggests some volalility. |
| Average Directional Index/ADX (14) | 26.72 | 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 |
|---|---|---|---|
| 38.93 | 37.42 | 1.51 (3.88%) | 25.00% |
| An entry @38.93. This is a Buy Stop order right above the 10 day high. | An exit @37.42. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.51 points, which is 3.88%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.97%. |
- 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
38.2
+0.14 (+0.37%)
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 8 / 10 to TMV.
What is the current trend direction of DIR DA 20+YR TRE BE 3X ETF-U (TMV) stock?
The current trend direction for DIR DA 20+YR TRE BE 3X ETF-U (TMV) is Bullish.
Can you provide the RSI signal for DIR DA 20+YR TRE BE 3X ETF-U?
DIR DA 20+YR TRE BE 3X ETF-U (TMV) has an RSI value of 60.9604. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DIR DA 20+YR TRE BE 3X ETF-U?
The MACD indicator for DIR DA 20+YR TRE BE 3X ETF-U (TMV) has a value of 0.305721, indicating a bearish trend.
What is the buy/sell signal for 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.