TBF's RSI Indicator peaks and leaves overbought zone
The 10-day RSI Indicator for TBF moved out of overbought territory on January 15, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 45 instances where the indicator moved out of the overbought zone. In of the 45 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on TBF as a result. In of 93 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for TBF turned negative on January 16, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TBF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
TBF broke above its upper Bollinger Band on January 10, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TBF advanced for three days, in of 307 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 282 cases where TBF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| LZFIX | 8.73 | 0.10 | +1.16% |
| Lazard Equity Franchise Inst Shr | |||
| VADRX | 73.88 | 0.75 | +1.03% |
| Invesco Equally-Wtd S&P 500 R | |||
| NBSRX | 51.35 | N/A | N/A |
| Neuberger Berman Sustainable Equity Inv | |||
| HLMVX | 35.09 | N/A | N/A |
| Harding Loevner Global Equity Inst | |||
| MSRFX | 16.16 | N/A | N/A |
| Morgan Stanley Inst Next Gen Em Mkts R6 | |||
TBF and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, TBF has been closely correlated with TMV. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if TBF jumps, then TMV could also see price increases.