| TBT latest price $17.4800 (-0.74%) ($17.4650 - $17.8900) on Mon. Jun. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.53% (three month average) |
RSI | 68 |
Latest Price | $17.4800(-0.74%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 1.4% a day on average for past five trading days. |
Weekly Trend | TBT advances 3.6% 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 -1.765% 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 | -1.765% (StdDev 3.53%) |
Hourly BBV | -0.3 () |
Intraday Trend | -2.3% |
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