Stock Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
ProShares Short 20+ Year Treasury (PACF:TBF)
Long-Term Downtrend (-90) - TBF is in a strong downtrend that is likely to continue. While TBF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TBF?
MarketClub looks at technical strength and momentum to determine if the timing is right for TBF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TBF
The long-term trend has been DOWN since Jun 8th, 2021 at 17.40
The intermediate-term trend has been DOWN since Jun 4th, 2021 at 17.48
The short-term trend has been DOWN since Jun 17th, 2021 at 17.15
Smart Scan Analysis for TBF
Based on our trend formula, TBF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||24.43||Year High Date||2018-11-02|
|Year Low||21.92||Year Low Date||2018-01-02|
|52wk High||18.49||52wk High Date||2021-03-18|
|52wk Low||14.65||52wk Low Date||2020-08-06|
|Year End Close||29.38||Average Volume||1,120,734|