| TBT latest price $16.2500 (0.25%) ($16.0650 - $16.3450) on Fri. Aug. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 74 |
Latest Price | $16.2500(0.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 1.2% a day on average for past five trading days. |
Weekly Trend | TBT advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based 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(19%) OIH(18%) XOP(18%) UUP(16%) USO(15%) |
Factors Impacting TBT price | TBT will decline at least -0.78% 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 | -0.78% (StdDev 1.56%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.7% |
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