| TBT latest price $16.9000 (2.74%) ($16.7400 - $17.0400) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.82% (three month average) |
RSI | 66 |
Latest Price | $16.9000(2.74%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.8% a day on average for past five trading days. |
Weekly Trend | TBT advances 1.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) XLE(22%) OIH(20%) XOP(20%) XLF(19%) USO(17%) |
Factors Impacting TBT price | TBT will decline at least -1.91% in a week (0% probabilities). TLT(-99%) VCIT(-78%) 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 | -1.91% (StdDev 3.82%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.7% |
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