| TBT latest price $26.8000 (3.68%) ($26.1000 - $26.8400) on Mon. Jun. 6, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.37% (three month average) |
RSI | 53 |
Latest Price | $26.8000(3.68%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 1.6% a day on average for past five trading days. |
Weekly Trend | TBT advances 0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) UUP(25%) USO(15%) XLE(11%) XOP(10%) EDOC(6%) |
Factors Impacting TBT price | TBT will decline at least -1.185% in a week (0% probabilities). TLT(-99%) VCIT(-83%) TIP(-76%) BND(-44%) IGOV(-40%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.185% (StdDev 2.37%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.1% |
| |
|
|