| TBT latest price $17.4800 (-2.4%) ($17.3890 - $17.7450) on Wed. Jan. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.59% (three month average) |
RSI | 73 |
Latest Price | $17.4800(-2.4%) |
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 3.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off 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 -0.795% 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 | -0.795% (StdDev 1.59%) |
Hourly BBV | -1.8 () |
Intraday Trend | -1.4% |
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