ProShares UltraShort Lehman 20 (TBT)

ProShares UltraShort Lehman 20 is trading at $38.39, up 0.63% on the session. The 50 day average sits at $36.93 and the 200 day at $35.31, which puts the stock in a uptrend. RSI is at 50.7, which reads as neutral, and MACD is bearish crossover. Volume is average.

The nearest support is around $37.54 with resistance near $37.80, so that band frames the current range. Average daily movement is roughly $0.64, or about 1.7% of the share price, which is what any stop placement has to allow for. The overall health score of 70 out of 100 combines a trend score of 97, momentum of 42 and a risk score of 67.

The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index includes publicly-issued U.S. Treasury securities that have a remaining maturity greater than or equal to twenty years and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve. The fund is non-diversified.