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Stock Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

ProShares UltraShort Lehman 20 Year Treasury (PACF:TBT)

Countertrend Down (-85) - TBT 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 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.

PACF_TBT
Open High Low TBT Price Change
28.99 29.07 28.64 28.68 -0.39
Entry Signal

MarketClub’s Trade Triangles for TBT

long term down The long-term trend has been DOWN since Mar 13th, 2023 at 26.805

intermediate term down The intermediate-term trend has been DOWN since Mar 10th, 2023 at 29.225

short term up The short-term trend has been UP since Mar 27th, 2023 at 28.940

Smart Scan Analysis for TBT

Based on our trend formula, TBT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for TBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.99 29.07 28.64 28.68 -0.39
Prev. Close Volume Bid Ask Time
29.07 1401392 2023-03-30 15:47:04
Year High41.6957Year High Date2018-11-02
Year Low33.98Year Low Date2018-01-02
52wk High39.3252wk High Date2022-10-24
52wk Low20.2252wk Low Date2022-04-01
Year End Close63.45Average Volume5,026,320
Shares Outstanding18,607Assets32,943M
Beta-8.56000000Volatility13.67
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