| TBT latest price $16.6900 (0.97%) ($16.6450 - $16.8300) on Tue. Nov. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 66 |
Latest Price | $16.6900(0.97%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.6% a day on average for past five trading days. |
Weekly Trend | TBT advances 1.2% 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(17%) UUP(17%) XOP(17%) USO(15%) |
Factors Impacting TBT price | TBT will decline at least -0.705% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.705% (StdDev 1.41%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.1% |
| |
|
|