
DIR DA 20+YR TRE BE 3X ETF-U (TMV) Technical Analysis
NYSEARCA:TMV • US25460G8490
Current stock price
TMV Technical Rating and Analysis
Taking everything into account, TMV scores 2 out of 10 in our technical rating. TMV performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, TMV is a bad performer in the overall market: 75% of all stocks are doing better.
- In the last month TMV has a been trading in the 36.14 - 39.01 range, which is quite wide. It is currently trading near the lows of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- 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.
- Considerably lower volume is observed in the last couple of days.
TMV Weekly and Daily overview Charts
TMV Setup Rating and Analysis
Although the technical rating is bad, TMV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
TMV Support and Resistance Analysis
31.58
When analyzing the support we can see 3 important areas.
- A support zone ranging from 33.54 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 36.68 to 37.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.45 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 | NEUTRAL | NEUTRAL | The long term trend for TMV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TMV is neutral. |
| ChartMill Relative Strength | 25.71 | NEGATIVE | TMV has a low relative strength, it was outperformed by 74.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TMV is below a declining 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) | 46.74 | NEUTRAL | The RSI value for TMV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests TMV has a negative trend. |
| Stochastics (14,3) | 26.88 | NEUTRAL | The Stochastics value for TMV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for TMV suggests some volalility. |
| Average Directional Index/ADX (14) | 21.73 | NEUTRAL | The ADX value for TMV suggests a possible start of a new trend. |
TMV Chart- and CandleStick Pattern Analysis
TMV Technicals: Chart, Performance Metrics, Trend & Indicators
36.43
-0.57 (-1.54%)
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 2 / 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 Bearish.
What is the RSI signal for TMV stock?
DIR DA 20+YR TRE BE 3X ETF-U (TMV) has an RSI value of 46.7359. 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 neutral.