THRIVENT ULTRA SHORT BND ETF (TUSB) Stock Technical Analysis
NYSEARCA:TUSB - NYSE Arca - US88588G3074 - ETF - Currency: USD
Overall TUSB gets a technical rating of 4 out of 10. In the last year, TUSB was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
TUSB has only a medium technical rating, but it does show a decent setup pattern. 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. There is a support zone below the current price at 50.25, a Stop Loss order could be placed below this zone.
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49.52
When analyzing the support we notice one important area.
- A support zone ranging from 50.02 to 50.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 50.29 to 50.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 TUSB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TUSB is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | TUSB has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TUSB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TUSB is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.03 | NEUTRAL | The RSI value for TUSB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests TUSB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.15 | NEUTRAL | The Stochastics value for TUSB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.33 | LOW VOLATILITY | The low ATR as a percentage value for TUSB suggests low volalility. |
| Average Directional Index/ADX (14) | 55.71 | POSITIVE | The high ADX value value for TUSB suggests a strong trend. |
NYSEARCA:TUSB (6/4/2025, 12:40:49 PM)
50.2899
+0.02 (+0.04%)