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Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
ProShares UltraShort Lehman 20 Year Treasury (PACF:TBT)
Bull Market Weakness (+75) - TBT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TBT as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for TBT
The long-term trend has been UP since Oct 8th, 2021 at 18.969
The intermediate-term trend has been UP since Sep 27th, 2021 at 17.860
The short-term trend has been DOWN since Oct 12th, 2021 at 18.540
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.07 | 18.21 | 18.05 | 18.08 | +0.21 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.07 | 4135592 | 2021-10-15 15:59:54 |
| 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 | 15.655 | 52wk Low Date | 2020-10-15 |
| Year End Close | 63.45 | Average Volume | 5,927,088 |
| Shares Outstanding | 85,407 | Assets | 32,943M |
| Beta | -8.56 | Volatility | 13.67 |