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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.
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MarketClub’s Trade Triangles for TBT
The long-term trend has been DOWN since Mar 13th, 2023 at 26.805
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 29.225
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).
| 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 High | 41.6957 | Year High Date | 2018-11-02 |
| Year Low | 33.98 | Year Low Date | 2018-01-02 |
| 52wk High | 39.32 | 52wk High Date | 2022-10-24 |
| 52wk Low | 20.22 | 52wk Low Date | 2022-04-01 |
| Year End Close | 63.45 | Average Volume | 5,026,320 |
| Shares Outstanding | 18,607 | Assets | 32,943M |
| Beta | -8.56000000 | Volatility | 13.67 |