Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

ProShares UltraShort Lehman 20 Year Treasury (PACF:TBT)

Weak Downtrend (-65) - TBT is showing signs of a strengthening downtrend. Monitor TBT as it may be building momentum to the downside.

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
33.4000 33.4999 32.8900 32.8950 -0.5650
Entry Signal

MarketClub’s Trade Triangles for TBT

long term up The long-term trend has been UP since Apr 2nd, 2024 at 35.05

intermediate term down The intermediate-term trend has been DOWN since Jun 4th, 2024 at 34.48

short term down The short-term trend has been DOWN since Jun 12th, 2024 at 34.82

Smart Scan Analysis for TBT

Based on our trend formula, TBT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.4000 33.4999 32.8900 32.8950 -0.5650
Prev. Close Volume Bid Ask Time
32.9100 565654 2024-06-18 15:59:16
Year High41.6957Year High Date2018-11-02
Year Low33.98Year Low Date2018-01-02
52wk High44.9652wk High Date2023-10-23
52wk Low28.806252wk Low Date2023-06-23
Year End Close63.45Average Volume679,409
Shares Outstanding19,907Assets32,943M
Beta-8.56000000Volatility13.67
Get a free daily analysis and signals for ProShares UltraShort Lehman 20 Year Treasury (TBT) - Request Your Free Report.