| TBT latest price $20.8600 (-0.43%) ($20.7200 - $21.1400) on Fri. Mar. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 71 |
Latest Price | $20.8600(-0.43%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 1.2% a day on average for past five trading days. |
Weekly Trend | TBT advances 3.4% 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) UUP(19%) XLE(16%) USO(15%) XOP(15%) OIH(14%) |
Factors Impacting TBT price | TBT will decline at least -0.815% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.815% (StdDev 1.63%) |
Hourly BBV | 0.6 () |
Intraday Trend | -1.1% |
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