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Index Trend Analysis Report

Prepared for you on Thursday, September 24, 2020.

ProShares UltraShort 20+ Year Treasury (GIF:TBT)

Weak Downtrend (-65) - TBT is showing signs of a strengthening downtrend. Monitor TBT as it may be building momentum to the downside.

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.

GIF_TBT
Open High Low TBT Price Change
15.539 15.663 15.476 15.486 -0.055
Entry Signal

MarketClub’s Trade Triangles for TBT

long term down The long-term trend has been DOWN since Mar 20th, 2019 at 34.500

intermediate term up The intermediate-term trend has been UP since Aug 11th, 2020 at 15.316

short term down The short-term trend has been DOWN since Sep 14th, 2020 at 15.496

Smart Scan Analysis for TBT

Based on our trend formula, TBT is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for TBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.539 15.663 15.476 15.486 -0.055
Prev. Close Volume Bid Ask Time
15.561 0 2020-09-23 18:39:42
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