Blueprint Chesapeake Multi-Asset Trend ETF Price & Performance (TFPN)

The Blueprint Chesapeake Multi-asset Trend ETF (TFPN) is encountering significant resistance at $23.12. Technical analysis suggests a short position near this level with a downside target of $22.46 and a stop loss at $23.19. Alternatively, a break above $23.12 may signal a buy opportunity targeting $24.21.1

TFPN's near- and mid-term ratings remain weak, reflecting a lack of strong support levels. Day traders are advised to consider shorting near $22.65 with a target of $21.96, while swing traders should monitor resistance at $23.12 for potential buy or short signals depending on price action.1

For day traders, TFPN offers a buy signal above $22.65 with a target of $23.12, while swing traders may short near $23.12 targeting $22.46. The ETF's technical setup emphasizes the importance of resistance levels, urging caution as the stock exhibits weak momentum across multiple timeframes.1