TBLL Invesco Short Term Treasury ETF Forecast, Technical & Fundamental Analysis

Aroon Indicator for TBLL shows an upward move is likely

TBLL's Aroon Indicator triggered a bullish signal on December 17, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 609 similar instances where the Aroon Indicator showed a similar pattern. In of the 609 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for TBLL just turned positive on November 29, 2024. Looking at past instances where TBLL's MACD turned positive, the stock continued to rise in of 82 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TBLL advanced for three days, in of 474 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis