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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
ProShares UltraShort Lehman 20 Year Treasury (PACF:TBT)
Strong Downtrend (-100) - TBT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TBT continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TBT?
MarketClub looks at technical strength and momentum to determine if the timing is right for TBT.
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 TBT
The long-term trend has been DOWN since Jul 11th, 2024 at 32.6900
The intermediate-term trend has been DOWN since Jul 11th, 2024 at 32.8900
The short-term trend has been DOWN since Jul 26th, 2024 at 33.5229
Smart Scan Analysis for TBT
Based on our trend formula, TBT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 33.640 | 33.800 | 33.480 | 33.585 | -0.515 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.100 | 491477 | 2024-07-26 15:59:50 |
| Year High | 41.6957 | Year High Date | 2018-11-02 |
| Year Low | 33.98 | Year Low Date | 2018-01-02 |
| 52wk High | 44.96 | 52wk High Date | 2023-10-23 |
| 52wk Low | 29.22 | 52wk Low Date | 2023-12-27 |
| Year End Close | 63.45 | Average Volume | 322,714 |
| Shares Outstanding | 19,907 | Assets | 32,943M |
| Beta | -8.56000000 | Volatility | 13.67 |