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TFLOiShares Treasury Floating Rate Bond ETF

NYSEWeekly chart
Range low retest · week of 15 Mar 2020

TFLO traded sideways between $50.21 and $50.38 for 1 yr 3 mo, slipped below the range, and came back to test the low in the week of 15 Mar 2020.

Range low
$50.21
support
Range high
$50.38
0% above the low
In the range since
Dec 2018
1 yr 3 mo
Close in retest week
$50.34
0% above the range low
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one week. The purple lines are the range the retest came from, and the green Retest label marks the week RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Weekly chart

Sideways range history

RangeStartedEndedOutcomeRetests (week of)
16 Dec 2018Still open—15 Mar 2020

Retests found

  • Week of 15 Mar 2020 · 1 yr 3 mo into the range

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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