| TBT latest price $29.4700 (0.96%) ($29.1700 - $29.5200) on Tue. May. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.42% (three month average) |
RSI | 51 |
Latest Price | $29.4700(0.96%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 1% a day on average for past five trading days. |
Weekly Trend | TBT advances 0.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) UUP(22%) VIXM(18%) VXX(18%) USO(13%) XOP(6%) |
Factors Impacting TBT price | TBT will decline at least -1.21% in a week (0% probabilities). TLT(-99%) LQD(-93%) VCIT(-89%) 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 | -1.21% (StdDev 2.42%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.8% |
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