TMF Direxion Daily 20+ Yr Trsy Bull 3X ETF Forecast, Technical & Fundamental Analysis
TMF's RSI Oscillator sits in oversold zone for 2 days
It is expected that a price bounce should occur soon.
Technical Analysis (Indicators)
Bullish Trend Analysis
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TMF 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 TMF 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.
General Information
Category Trading
TMF and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, TMF has been closely correlated with UBT. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if TMF jumps, then UBT could also see price increases.