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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

ProShares UltraShort Lehman 20 Year Treasury (PACF:TBT)

Bear Market Rally (-75) - TBT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TBT as it may be in the beginning of a reversal.

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
33.360 33.465 32.970 32.980 -0.480
Entry Signal

MarketClub’s Trade Triangles for TBT

long term down The long-term trend has been DOWN since Dec 5th, 2023 at 33.75

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2024 at 34.49

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 34.18

Smart Scan Analysis for TBT

Based on our trend formula, TBT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for TBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.360 33.465 32.970 32.980 -0.480
Prev. Close Volume Bid Ask Time
32.960 774386 2024-03-27 15:58:16
Year High41.6957Year High Date2018-11-02
Year Low33.98Year Low Date2018-01-02
52wk High44.9652wk High Date2023-10-23
52wk Low26.5752wk Low Date2023-04-06
Year End Close63.45Average Volume697,925
Shares Outstanding19,907Assets32,943M
Beta-8.56000000Volatility13.67
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