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 0.11, suggesting TBF is Strong buy.

ProShares Short 20+ Year Treasury (TBF) 20-Day simple moving average is 24.29, while ProShares Short 20+ Year Treasury (TBF) share price is $24.5, making it Buy.

ProShares Short 20+ Year Treasury (TBF) 60-Day simple moving average is 24.04, while ProShares Short 20+ Year Treasury (TBF) share price is $24.5, making it Buy.

Technical Analysis for TBF

Technical Sentiment Analysis for ProShares Short 20+ Year Treasury (TBF). As of 2026-05-04, ProShares Short 20+ Year Treasury (TBF) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 9 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TBF stands at 63.49, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.11, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 88.85 and the Commodity Channel Index (CCI) at 177.65 further confirm a 0.5 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, TBF is trading above its 60-day moving average of $24.04 and above its 200-day long-term moving average of $24.01. Key price levels to watch include the immediate resistance at $24.67 and strong support at $24.12. A break above $24.67 could signal a bull continuation, while falling below $24.12 may test the next Fibonacci floor at $23.84.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	23.58	23.84	24.12	24.38	24.67	24.93	25.21
Fibonacci	23.84	24.05	24.17	24.38	24.59	24.72	24.93

ProShares Short 20+ Year Treasury (TBF) Technical Indicators

2026-05-04

Name	Value
Relative Strength Index (RSI)	63.49
Stochastic Oscillator	88.85
Stochastic RSI	87.76
Commodity Channel Index (CCI)	177.65
Awesome Oscillator	0.23
Momentum	0.5
MACD	0.11

ProShares Short 20+ Year Treasury (TBF) Relative Strength Index (RSI) is 63.49, creating a Neutral signal.

ProShares Short 20+ Year Treasury (TBF) Stochastic Oscillator is 88.85, creating a Sell signal.

ProShares Short 20+ Year Treasury (TBF) Stochastic RSI is 87.76, creating a Sell signal.

ProShares Short 20+ Year Treasury (TBF) Commodity Channel Index (CCI) is 177.65, creating a Sell signal.

ProShares Short 20+ Year Treasury (TBF) Awesome Oscillator is 0.23, creating a Buy signal.

ProShares Short 20+ Year Treasury (TBF) Momentum is 0.5, creating a Buy signal.

ProShares Short 20+ Year Treasury (TBF) MACD is 0.11, creating a Buy signal.

ProShares Short 20+ Year Treasury (TBF) Moving Average

2026-05-04

Period	Simple	Signal
5-Day	24.53	Sell
10-Day	24.4	Buy
20-Day	24.29	Buy
60-Day	24.04	Buy
200-Day	24.01	Buy
250-Day	24.17	Buy

ProShares Short 20+ Year Treasury (TBF) 5-Day simple moving average is 24.53, while ProShares Short 20+ Year Treasury (TBF) share price is $24.5, making it Sell.

ProShares Short 20+ Year Treasury (TBF) 10-Day simple moving average is 24.4, while ProShares Short 20+ Year Treasury (TBF) share price is $24.5, making it Buy.

ProShares Short 20+ Year Treasury (TBF) 20-Day simple moving average is 24.29, while ProShares Short 20+ Year Treasury (TBF) share price is $24.5, making it Buy.

ProShares Short 20+ Year Treasury (TBF) 60-Day simple moving average is 24.04, while ProShares Short 20+ Year Treasury (TBF) share price is $24.5, making it Buy.

ProShares Short 20+ Year Treasury (TBF) 200-Day simple moving average is 24.01, while ProShares Short 20+ Year Treasury (TBF) share price is $24.5, making it Buy.

ProShares Short 20+ Year Treasury (TBF) 250-Day simple moving average is 24.17, while ProShares Short 20+ Year Treasury (TBF) share price is $24.5, making it Buy.