20+ Year Trsy Bear 1X Direxion (TYBS) Stock Technical Analysis
NYSEARCA:TYBS - NYSE Arca -
Overall TYBS gets a technical rating of 1 out of 10. TYBS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
TYBS has a bad 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 13.83, a Stop Loss order could be placed below this zone.
More info and screens
13.24
We found 1 important support area.
- A support zone ranging from 13.37 to 13.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 13.91 to 14.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.76 to 14.77. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for TYBS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TYBS is down. |
| ChartMill Relative Strength | 28.45 | NEGATIVE | TYBS has a low relative strength, it was outperformed by 71.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TYBS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TYBS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TYBS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.08 | NEUTRAL | The RSI value for TYBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TYBS has a negative trend. |
| Stochastics (14,3) | 24.1 | NEUTRAL | The Stochastics value for TYBS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.69 | LOW VOLATILITY | The low ATR as a percentage value for TYBS suggests low volalility. |
20+ Year Trsy Bear 1X Direxion
NYSEARCA:TYBS (9/25/2020, 8:04:00 PM)
13.84
0 (-0.04%)