It is expected that a price bounce should occur soon.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TLT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for TLT entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Category LongGovernment