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Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
ProShares Short 7 10 Year Treasury (PACF:TBX)
Sidelines Mode (-55) - TBX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for TBX.
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 TBX
The long-term trend has been UP since Jul 5th, 2023 at 28.930
The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 30.520
The short-term trend has been UP since Dec 8th, 2023 at 29.915
Smart Scan Analysis for TBX
Based on our trend formula, TBX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.9900 | 30.0000 | 29.9200 | 29.9648 | +0.2048 |
| Prev. Close | Volume | Bid | Ask | Time |
| 29.7600 | 30916 | 2023-12-08 15:53:05 |
| Year High | 29.79 | Year High Date | 2018-10-05 |
| Year Low | 28.33 | Year Low Date | 2018-01-03 |
| 52wk High | 31.51 | 52wk High Date | 2023-10-19 |
| 52wk Low | 27.39 | 52wk Low Date | 2023-04-05 |
| Year End Close | 32.42 | Average Volume | 32,390 |
| Shares Outstanding | 1,000 | Assets | 245M |
| Volatility | 3.51 |