| TBT latest price $16.0400 (0.69%) ($16.0300 - $16.2700) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.91% (three month average) |
RSI | 46 |
Latest Price | $16.0400(0.69%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.5% a day on average for past five trading days. |
Weekly Trend | TBT declines -1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) XLE(20%) XOP(19%) OIH(18%) USO(16%) UUP(16%) |
Factors Impacting TBT price | TBT will decline at least -0.955% in a week (0% probabilities). TLT(-99%) VCIT(-80%) TIP(-69%) BND(-59%) LQD(-53%) |
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 | -0.955% (StdDev 1.91%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.8% |
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