Technical Analysis for TBF - ProShares Short 20+ Year Treasury

Grade Last Price % Change Price Change
grade F 14.76 -0.47% -0.07
TBF closed down 0.47 percent on Thursday, August 6, 2020, on 2.33 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Flat
Historical TBF trend table...

Date Alert Name Type % Chg
Oversold Stochastic Weakness 0.00%
Pocket Pivot Bullish Swing Setup -0.47%
Gapped Up Strength -0.47%
Oversold Stochastic Weakness -0.47%
New 52 Week Closing Low Bearish 0.34%
Narrow Range Bar Range Contraction 0.34%
Gapped Down Weakness 0.34%
Oversold Stochastic Weakness 0.34%
Stochastic Buy Signal Bullish -0.54%
Oversold Stochastic Weakness -0.54%

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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
Exchange Traded Funds Bond U.S. Treasury Investment Funds Barclays United States Treasury Security Proshare Limited E Fund Management (Hong Kong) Co.

Is TBF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 19.895
52 Week Low 14.36
Average Volume 778,105
200-Day Moving Average 17.07
50-Day Moving Average 15.38
20-Day Moving Average 14.97
10-Day Moving Average 14.83
Average True Range 0.15
ADX 21.93
+DI 21.66
-DI 36.90
Chandelier Exit (Long, 3 ATRs ) 15.00
Chandelier Exit (Short, 3 ATRs ) 15.09
Upper Bollinger Band 15.31
Lower Bollinger Band 14.64
Percent B (%b) 0.18
BandWidth 4.46
MACD Line -0.17
MACD Signal Line -0.17
MACD Histogram -0.0022
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.97
Resistance 3 (R3) 14.96 14.87 14.94
Resistance 2 (R2) 14.87 14.82 14.88 14.92
Resistance 1 (R1) 14.82 14.79 14.85 14.83 14.91
Pivot Point 14.73 14.73 14.75 14.74 14.73
Support 1 (S1) 14.68 14.68 14.71 14.69 14.61
Support 2 (S2) 14.59 14.65 14.60 14.60
Support 3 (S3) 14.54 14.59 14.59
Support 4 (S4) 14.55