Technical Analysis for TBT - ProShares UltraShort Lehman 20 Year Treasury

Grade Last Price % Change Price Change
grade F 33.01 -3.28% -1.12
TBT closed down 3.28 percent on Friday, March 22, 2019, on 3.15 times normal volume. The bears made the stock sink to a new 52-week low. 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 Down
See historical TBT trend table...

Date Alert Name Type % Chg
Mar 22 New 52 Week Closing Low Bearish 0.00%
Mar 22 Expansion Breakdown Bearish Swing Setup 0.00%
Mar 22 Volume Surge Other 0.00%
Mar 22 Lower Bollinger Band Walk Weakness 0.00%
Mar 22 New 52 Week Low Weakness 0.00%
Mar 22 Below Lower BB Weakness 0.00%
Mar 22 Down 3 Days in a Row Weakness 0.00%
Mar 22 Gapped Down Weakness 0.00%
Mar 22 Oversold Stochastic Weakness 0.00%
Mar 21 Narrow Range Bar Range Contraction -3.28%

Older signals for TBT ...

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Profile
The investment seeks daily investment results that correspond to two times the inverse (-2x) 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 two times the inverse (-2x) 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 Fund Bond Silver Exchange Traded Product U.S. Treasury Derivative Barclays Proshare United States Treasury Security
Is TBT a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 41.7
52 Week Low 32.79
Average Volume 1,812,250
200-Day Moving Average 37.0581
50-Day Moving Average 35.2744
20-Day Moving Average 35.129
10-Day Moving Average 34.626
Average True Range 0.5445
ADX 15.27
+DI 19.2463
-DI 46.392
Chandelier Exit (Long, 3 ATRs ) 35.0065
Chandelier Exit (Short, 3 ATRs ) 34.4235
Upper Bollinger Band 36.6683
Lower Bollinger Band 33.5897
Percent B (%b) -0.19
BandWidth 8.7637
MACD Line -0.3709
MACD Signal Line -0.1765
MACD Histogram -0.1944
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 34.05
Resistance 3 (R3) 34.09 33.78 33.87
Resistance 2 (R2) 33.78 33.52 33.76 33.81
Resistance 1 (R1) 33.40 33.36 33.25 33.36 33.76
Pivot Point 33.09 33.09 33.02 33.07 33.09
Support 1 (S1) 32.71 32.83 32.56 32.67 32.26
Support 2 (S2) 32.40 32.67 32.38 32.21
Support 3 (S3) 32.02 32.40 32.15
Support 4 (S4) 31.98