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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Defiance Treasury Alternative Yield ETF (NASDAQ:TRES)
Countertrend Down (-85) - TRES is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid TRES?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRES.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TRES
The long-term trend has been DOWN since Feb 7th, 2024 at 19.9500
The intermediate-term trend has been DOWN since Feb 7th, 2024 at 19.9500
The short-term trend has been UP since May 8th, 2024 at 17.1983
Smart Scan Analysis for TRES
Based on our trend formula, TRES is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.2000 | 17.2000 | 17.1500 | 17.1598 | -0.0102 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.1700 | 1151 | 2024-05-08 15:48:47 |
| 52wk High | 20.57 | 52wk High Date | 2024-02-01 |
| 52wk Low | 17.14 | 52wk Low Date | 2024-05-06 |
| Average Volume | 4,787 |