Technical Analysis for TBF - ProShares Short 20+ Year Treasury

Grade Last Price % Change Price Change
grade B 23.0 -0.43% -0.10
TBF closed down 0.09 percent on Friday, December 7, 2018, on 48 percent of normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical TBF trend table...

Date Alert Name Type % Chg
Dec 7 200 DMA Resistance Bearish -0.43%
Dec 7 180 Bearish Setup Bearish Swing Setup -0.43%
Dec 7 Slingshot Bearish Bearish Swing Setup -0.43%
Dec 7 Calm After Storm Range Contraction -0.43%
Dec 7 Lower Bollinger Band Walk Weakness -0.43%
Dec 7 Below Lower BB Weakness -0.43%
Dec 7 Down 3 Days in a Row Weakness -0.43%
Dec 7 Down 4 Days in a Row Weakness -0.43%
Dec 7 Down 5 Days in a Row Weakness -0.43%
Dec 7 Lower Bollinger Band Touch Weakness -0.43%

Older signals for TBF ...

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Profile
The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Barclays U.S. 20+ Year Treasury Bond Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index includes all publicly issued, U.S. Treasury securities that have a remaining maturity greater than 20 years, are non-convertible, are denominated in U.S. dollars, are rated investment grade, are fixed rate, and have more than $250 million par outstanding. The fund is non-diversified.
Is TBF a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 3 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 24.43
52 Week Low 21.62
Average Volume 638,681
200-Day Moving Average 23.2558
50-Day Moving Average 23.9006
20-Day Moving Average 23.788
10-Day Moving Average 23.604
Average True Range 0.1994
ADX 26.77
+DI 15.2667
-DI 40.4413
Chandelier Exit (Long, 3 ATRs ) 23.7518
Chandelier Exit (Short, 3 ATRs ) 23.5282
Upper Bollinger Band 24.4091
Lower Bollinger Band 23.1669
Percent B (%b) -0.05
BandWidth 5.221961
MACD Line -0.1773
MACD Signal Line -0.0799
MACD Histogram -0.0974
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.42
Resistance 3 (R3) 23.44 23.35 23.36
Resistance 2 (R2) 23.35 23.27 23.34 23.34
Resistance 1 (R1) 23.23 23.22 23.19 23.21 23.33
Pivot Point 23.14 23.14 23.12 23.13 23.14
Support 1 (S1) 23.02 23.06 22.98 23.00 22.87
Support 2 (S2) 22.93 23.01 22.92 22.86
Support 3 (S3) 22.81 22.93 22.84
Support 4 (S4) 22.79