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 0.15, suggesting TBF is Strong buy.

ProShares Short 20+ Year Treasury (TBF) 20-Day simple moving average is 24.15, while ProShares Short 20+ Year Treasury (TBF) share price is $24.18, making it Buy.

ProShares Short 20+ Year Treasury (TBF) 60-Day simple moving average is 23.96, while ProShares Short 20+ Year Treasury (TBF) share price is $24.18, making it Buy.

Technical Analysis for TBF

Technical Sentiment Analysis for ProShares Short 20+ Year Treasury (TBF). As of 2026-03-31, ProShares Short 20+ Year Treasury (TBF) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 8 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TBF stands at 52.86, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.15, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 53.1 and the Commodity Channel Index (CCI) at 20.81 further confirm a 0.12 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, TBF is trading below its 60-day moving average of $23.96 and below its 200-day long-term moving average of $24.05. Key price levels to watch include the immediate resistance at $24.66 and strong support at $24.04. A break above $24.66 could signal a bull continuation, while falling below $24.04 may test the next Fibonacci floor at $23.72.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	23.42	23.72	24.04	24.34	24.66	24.96	25.28
Fibonacci	23.72	23.96	24.11	24.34	24.58	24.73	24.96

ProShares Short 20+ Year Treasury (TBF) Technical Indicators

2026-03-31

Name	Value
Relative Strength Index (RSI)	52.86
Stochastic Oscillator	53.1
Stochastic RSI	65.99
Commodity Channel Index (CCI)	20.81
Awesome Oscillator	0.43
Momentum	0.12
MACD	0.15

ProShares Short 20+ Year Treasury (TBF) Relative Strength Index (RSI) is 52.86, creating a Neutral signal.

ProShares Short 20+ Year Treasury (TBF) Stochastic Oscillator is 53.1, creating a Neutral signal.

ProShares Short 20+ Year Treasury (TBF) Stochastic RSI is 65.99, creating a Neutral signal.

ProShares Short 20+ Year Treasury (TBF) Commodity Channel Index (CCI) is 20.81, creating a Neutral signal.

ProShares Short 20+ Year Treasury (TBF) Awesome Oscillator is 0.43, creating a Buy signal.

ProShares Short 20+ Year Treasury (TBF) Momentum is 0.12, creating a Buy signal.

ProShares Short 20+ Year Treasury (TBF) MACD is 0.15, creating a Buy signal.

ProShares Short 20+ Year Treasury (TBF) Moving Average

2026-03-31

Period	Simple	Signal
5-Day	24.33	Sell
10-Day	24.35	Sell
20-Day	24.15	Buy
60-Day	23.96	Buy
200-Day	24.05	Buy
250-Day	24.16	Buy

ProShares Short 20+ Year Treasury (TBF) 5-Day simple moving average is 24.33, while ProShares Short 20+ Year Treasury (TBF) share price is $24.18, making it Sell.

ProShares Short 20+ Year Treasury (TBF) 10-Day simple moving average is 24.35, while ProShares Short 20+ Year Treasury (TBF) share price is $24.18, making it Sell.

ProShares Short 20+ Year Treasury (TBF) 20-Day simple moving average is 24.15, while ProShares Short 20+ Year Treasury (TBF) share price is $24.18, making it Buy.

ProShares Short 20+ Year Treasury (TBF) 60-Day simple moving average is 23.96, while ProShares Short 20+ Year Treasury (TBF) share price is $24.18, making it Buy.

ProShares Short 20+ Year Treasury (TBF) 200-Day simple moving average is 24.05, while ProShares Short 20+ Year Treasury (TBF) share price is $24.18, 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 $24.18, making it Buy.