| TBT latest price $26.4600 (3.12%) ($26.3390 - $26.6100) on Fri. Aug. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.55% (three month average) |
RSI | 69 |
Latest Price | $26.4600(3.12%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.9% a day on average for past five trading days. |
Weekly Trend | TBT advances 3.1% 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(26%) USO(10%) XLE(7%) XOP(5%) VIXM(4%) |
Factors Impacting TBT price | TBT will decline at least -1.275% in a week (0% probabilities). TLT(-99%) VCIT(-84%) TIP(-79%) BND(-37%) IGOV(-36%) |
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 | -1.275% (StdDev 2.55%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.4% |
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