Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
ProShares Short 20+ Year Treasury (PACF:TBF)
Sidelines Mode (-55) - TBF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TBF?
MarketClub looks at technical strength and momentum to determine if the timing is right for TBF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TBF
The long-term trend has been UP since Mar 2nd, 2023 at 22.73
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 21.61
The short-term trend has been UP since Mar 21st, 2023 at 21.54
Smart Scan Analysis for TBF
Based on our trend formula, TBF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.540 | 21.660 | 21.490 | 21.581 | +0.201 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.375 | 1417463 | 2023-03-21 15:59:38 |
| Year High | 24.43 | Year High Date | 2018-11-02 |
| Year Low | 21.92 | Year Low Date | 2018-01-02 |
| 52wk High | 24.81 | 52wk High Date | 2022-10-24 |
| 52wk Low | 17.5789 | 52wk Low Date | 2022-04-01 |
| Year End Close | 29.38 | Average Volume | 2,106,050 |
| Shares Outstanding | 15,700 | Assets | 8,573M |
| Beta | -4.36000000 | Volatility | 6.99 |