| TBT latest price $26.6300 (-2.74%) ($26.4650 - $27.4900) on Thu. Aug. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.47% (three month average) |
RSI | 63 |
Latest Price | $26.6300(-2.74%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.7% a day on average for past five trading days. |
Weekly Trend | TBT advances 4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) UUP(26%) USO(9%) XLE(6%) VIXM(4%) XOP(4%) |
Factors Impacting TBT price | TBT will decline at least -1.235% in a week (0% probabilities). TLT(-99%) VCIT(-85%) TIP(-79%) IGOV(-36%) BND(-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 | -1.235% (StdDev 2.47%) |
Hourly BBV | -1 () |
Intraday Trend | -2.6% |
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