| TBT latest price $15.6500 (-2.43%) ($15.6200 - $16.1950) on Tue. Sep. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.58% (three month average) |
RSI | 55 |
Latest Price | $15.6500(-2.43%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.1% a day on average for past five trading days. |
Weekly Trend | TBT advances 1.1% a week on average for past two weeks. |
Market Behavior | Growth 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(19%) XOP(18%) OIH(17%) UUP(16%) USO(15%) |
Factors Impacting TBT price | TBT will decline at least -0.79% 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 | -0.79% (StdDev 1.58%) |
Hourly BBV | -2.1 () |
Intraday Trend | -2.7% |
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