| TBT latest price $29.1200 (3.23%) ($28.8900 - $29.3400) on Mon. Dec. 19, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 37 |
Latest Price | $29.1200(3.23%) |
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 -2.8% 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(20%) XLE(13%) XOP(13%) USO(12%) SHY(6%) |
Factors Impacting TBT price | TBT will decline at least -1.445% in a week (0% probabilities). TLT(-99%) VCIT(-88%) TIP(-83%) XHB(-30%) XLRE(-29%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.445% (StdDev 2.89%) |
Hourly BBV | 1 () |
Intraday Trend | 0.8% |
| |
|
|