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 January 08, 2025. 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
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TBLL advanced for three days, in of 478 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
General Information
Category UltrashortBond
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MXXIX | 52.16 | 0.50 | +0.97% |
| Marsico Midcap Growth Focus Fund | |||
| RWIFX | 64.88 | 0.47 | +0.73% |
| American Funds Capital World Gr&Inc R5 | |||
| JVSCX | 15.21 | 0.08 | +0.53% |
| Janus Henderson Small-Mid Cap Value C | |||
| HIOCX | 15.71 | 0.06 | +0.38% |
| Hartford International Opportunities C | |||
| JOEAX | 11.37 | N/A | N/A |
| JOHCM Emerging Markets Opps Investor | |||
TBLL and ETFs
Correlation & Price change
A.I.dvisor tells us that TBLL and BILZ have been poorly correlated (+21% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that TBLL and BILZ's prices will move in lockstep.
| Ticker / NAME | Correlation To TBLL | 1D Price Change % | ||
|---|---|---|---|---|
| TBLL | 100% | -0.00% | ||
| BILZ - TBLL | 21% Poorly correlated | +0.06% | ||
| VUSB - TBLL | 11% Poorly correlated | N/A | ||
| SHV - TBLL | 5% Poorly correlated | +0.05% | ||
| BIL - TBLL | 4% Poorly correlated | +0.05% | ||
| SGOV - TBLL | 2% Poorly correlated | +0.05% | ||
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