| TBT latest price $15.8700 (0.83%) ($15.6900 - $15.8800) on Fri. Aug. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 65 |
Latest Price | $15.8700(0.83%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 1.6% a day on average for past five trading days. |
Weekly Trend | TBT advances 2.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) XLE(19%) OIH(18%) XOP(18%) UUP(16%) USO(15%) |
Factors Impacting TBT price | TBT will decline at least -0.8% 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 | -0.8% (StdDev 1.6%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.8% |
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