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Stock Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

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.

PACF_TBT
Open High Low TBT Price Change
33.35 33.43 32.73 32.91 +0.11
Entry Signal

MarketClub’s Trade Triangles for TBT

long term down The long-term trend has been DOWN since Dec 5th, 2023 at 33.750

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 39.115

short term down The short-term trend has been DOWN since Oct 23rd, 2023 at 42.570

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).

-100
Smart Scan Analysis for TBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.35 33.43 32.73 32.91 +0.11
Prev. Close Volume Bid Ask Time
32.80 3281714 2023-12-07 14:14:33
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 Volume2,242,976
Shares Outstanding19,907Assets32,943M
Beta-8.56000000Volatility13.67
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