| TBT latest price $23.9900 (-3.92%) ($23.8550 - $24.7250) on Wed. Apr. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.4% (three month average) |
RSI | 81 |
Latest Price | $23.9900(-3.92%) |
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 advances 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(24%) USO(14%) XLE(11%) XOP(10%) EDOC(7%) |
Factors Impacting TBT price | TBT will decline at least -1.2% in a week (0% probabilities). TLT(-99%) VCIT(-83%) TIP(-74%) BND(-48%) IGOV(-41%) |
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 | -1.2% (StdDev 2.4%) |
Hourly BBV | -1.8 () |
Intraday Trend | -2.4% |
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