| TBT latest price $28.7400 (2.1%) ($28.4700 - $28.8400) on Thu. Apr. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 68 |
Latest Price | $28.7400(2.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.1% a day on average for past five trading days. |
Weekly Trend | TBT advances 1.4% 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(21%) VIXM(14%) VXX(14%) USO(12%) XOP(6%) |
Factors Impacting TBT price | TBT will decline at least -1.1% in a week (0% probabilities). TLT(-99%) LQD(-93%) VCIT(-90%) TIP(-87%) PCY(-80%) |
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 | -1.1% (StdDev 2.2%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.9% |
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