| TBT latest price $17.3900 (4.26%) ($17.2500 - $17.5850) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.58% (three month average) |
RSI | 71 |
Latest Price | $17.3900(4.26%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 1.1% a day on average for past five trading days. |
Weekly Trend | TBT advances 0.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) UUP(18%) XLE(17%) XOP(16%) OIH(15%) USO(15%) |
Factors Impacting TBT price | TBT will decline at least -0.79% in a week (0% probabilities). TLT(-99%) VCIT(-81%) TIP(-69%) BND(-58%) LQD(-52%) |
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 | 1.1 () |
Intraday Trend | 0.8% |
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