| TBT latest price $21.6900 (4.13%) ($21.5900 - $21.8400) on Fri. Mar. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 64 |
Latest Price | $21.6900(4.13%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.8% a day on average for past five trading days. |
Weekly Trend | TBT advances 1.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) UUP(20%) XLE(16%) USO(15%) XOP(15%) OIH(13%) |
Factors Impacting TBT price | TBT will decline at least -0.845% in a week (0% probabilities). TLT(-99%) VCIT(-81%) TIP(-69%) BND(-57%) LQD(-51%) |
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 | -0.845% (StdDev 1.69%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.5% |
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