TBF Technical Analysis & ETF Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

ProShares Short 20+ Year Treasury (TBF) Moving Averages Convergence Divergence (MACD) indicator is 0.2, suggesting TBF is Buy.

ProShares Short 20+ Year Treasury (TBF) 20-Day simple moving average is 24.71, while ProShares Short 20+ Year Treasury (TBF) share price is $24.69, making it Sell.

ProShares Short 20+ Year Treasury (TBF) 60-Day simple moving average is 24.32, while ProShares Short 20+ Year Treasury (TBF) share price is $24.69, making it Buy.

Technical Analysis for TBF

Technical Sentiment Analysis for ProShares Short 20+ Year Treasury (TBF). As of 2026-05-22, ProShares Short 20+ Year Treasury (TBF) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 6 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TBF stands at 55.19, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.2, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 59.67 and the Commodity Channel Index (CCI) at 49.83 further confirm a 0.45 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, TBF is trading above its 60-day moving average of $24.32 and above its 200-day long-term moving average of $24.02. Key price levels to watch include the immediate resistance at $25.41 and strong support at $24.44. A break above $25.41 could signal a bull continuation, while falling below $24.44 may test the next Fibonacci floor at $23.95.

ProShares Short 20+ Year Treasury (TBF) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	23.46	23.95	24.44	24.92	25.41	25.9	26.39
Fibonacci	23.95	24.32	24.55	24.92	25.29	25.52	25.9

ProShares Short 20+ Year Treasury (TBF) Technical Indicators

2026-05-22

Name	Value
Relative Strength Index (RSI)	55.19
Stochastic Oscillator	59.67
Stochastic RSI	73.49
Commodity Channel Index (CCI)	49.83
Awesome Oscillator	0.64
Momentum	0.45
MACD	0.2

ProShares Short 20+ Year Treasury (TBF) Relative Strength Index (RSI) is 55.19, creating a Neutral signal.

ProShares Short 20+ Year Treasury (TBF) Stochastic Oscillator is 59.67, creating a Neutral signal.

ProShares Short 20+ Year Treasury (TBF) Stochastic RSI is 73.49, creating a Neutral signal.

ProShares Short 20+ Year Treasury (TBF) Commodity Channel Index (CCI) is 49.83, creating a Neutral signal.

ProShares Short 20+ Year Treasury (TBF) Awesome Oscillator is 0.64, creating a Buy signal.

ProShares Short 20+ Year Treasury (TBF) Momentum is 0.45, creating a Buy signal.

ProShares Short 20+ Year Treasury (TBF) MACD is 0.2, creating a Buy signal.

ProShares Short 20+ Year Treasury (TBF) Moving Average

2026-05-22

Period	Simple	Signal
5-Day	25.08	Sell
10-Day	24.93	Sell
20-Day	24.71	Sell
60-Day	24.32	Buy
200-Day	24.02	Buy
250-Day	24.16	Buy

ProShares Short 20+ Year Treasury (TBF) 5-Day simple moving average is 25.08, while ProShares Short 20+ Year Treasury (TBF) share price is $24.69, making it Sell.

ProShares Short 20+ Year Treasury (TBF) 10-Day simple moving average is 24.93, while ProShares Short 20+ Year Treasury (TBF) share price is $24.69, making it Sell.

ProShares Short 20+ Year Treasury (TBF) 20-Day simple moving average is 24.71, while ProShares Short 20+ Year Treasury (TBF) share price is $24.69, making it Sell.

ProShares Short 20+ Year Treasury (TBF) 60-Day simple moving average is 24.32, while ProShares Short 20+ Year Treasury (TBF) share price is $24.69, making it Buy.

ProShares Short 20+ Year Treasury (TBF) 200-Day simple moving average is 24.02, while ProShares Short 20+ Year Treasury (TBF) share price is $24.69, making it Buy.

ProShares Short 20+ Year Treasury (TBF) 250-Day simple moving average is 24.16, while ProShares Short 20+ Year Treasury (TBF) share price is $24.69, making it Buy.