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Stock Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
ProShares UltraShort Lehman 20 Year Treasury (PACF:TBT)
Crossroads (+60) - TBT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Nov 9th, 2021 at 16.640
The intermediate-term trend has been UP since Dec 29th, 2021 at 17.040
The short-term trend has been UP since Jan 14th, 2022 at 18.155
Smart Scan Analysis for TBT
Based on our trend formula, TBT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.700 | 18.747 | 18.395 | 18.430 | -0.370 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.800 | 6061558 | 2022-01-19 13:58:23 |
| Year High | 41.6957 | Year High Date | 2018-11-02 |
| Year Low | 33.98 | Year Low Date | 2018-01-02 |
| 52wk High | 22.6 | 52wk High Date | 2021-03-18 |
| 52wk Low | 15.53 | 52wk Low Date | 2021-12-03 |
| Year End Close | 63.45 | Average Volume | 7,661,584 |
| Shares Outstanding | 84,407 | Assets | 32,943M |
| Beta | -8.56 | Volatility | 13.67 |