| TBT latest price $20.2300 (0%) ($20.2100 - $20.4500) on Tue. Mar. 2, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 69 |
Latest Price | $20.2300(0%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.2% a day on average for past five trading days. |
Weekly Trend | TBT advances 4.5% 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) UUP(19%) XLE(16%) USO(15%) XOP(15%) OIH(14%) |
Factors Impacting TBT price | TBT will decline at least -0.835% in a week (0% probabilities). TLT(-99%) VCIT(-81%) TIP(-70%) BND(-58%) LQD(-52%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.835% (StdDev 1.67%) |
Hourly BBV | -0.5 () |
Intraday Trend | -0.9% |
| |
|
|