| TBT latest price $15.9700 (-0.56%) ($15.8100 - $16.0100) on Thu. May. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.86% (three month average) |
RSI | 58 |
Latest Price | $15.9700(-0.56%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.6% a day on average for past five trading days. |
Weekly Trend | TBT advances 0.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) XLE(22%) OIH(21%) XOP(21%) XLF(20%) USO(17%) |
Factors Impacting TBT price | TBT will decline at least -1.93% in a week (0% probabilities). TLT(-99%) VCIT(-77%) TIP(-68%) BND(-59%) LQD(-52%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.93% (StdDev 3.86%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0.3% |
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