| TBT latest price $16.7400 (1.82%) ($16.4000 - $16.7550) on Fri. Oct. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 60 |
Latest Price | $16.7400(1.82%) |
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 sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) XLE(19%) OIH(17%) UUP(17%) XOP(17%) USO(15%) |
Factors Impacting TBT price | TBT will decline at least -0.7% in a week (0% probabilities). TLT(-99%) VCIT(-81%) 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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.8% |
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