| TBT latest price $35.9100 (1.04%) ($35.5800 - $35.9500) on Fri. Sep. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 63 |
Latest Price | $35.9100(1.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.6% a day on average for past five trading days. |
Weekly Trend | TBT advances 2.2% 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) VIXM(19%) VXX(18%) URA(11%) UUP(11%) USO(9%) |
Factors Impacting TBT price | TBT will decline at least -0.945% in a week (0% probabilities). LQD(-94%) BND(-93%) VCIT(-89%) TIP(-88%) PCY(-79%) |
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 | -0.945% (StdDev 1.89%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.9% |
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