| TBT latest price $18.4100 (1.54%) ($18.3340 - $18.6620) on Thu. Feb. 3, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 59 |
Latest Price | $18.4100(1.54%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.4% a day on average for past five trading days. |
Weekly Trend | TBT declines -0.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(21%) USO(10%) XLE(9%) XOP(8%) OIH(6%) |
Factors Impacting TBT price | TBT will decline at least -1.005% in a week (0% probabilities). TLT(-99%) VCIT(-83%) TIP(-72%) BND(-52%) LQD(-44%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.005% (StdDev 2.01%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.9% |
| |
|
|