| TBT latest price $37.4700 (5.13%) ($36.9900 - $37.4900) on Thu. Sep. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 78 |
Latest Price | $37.4700(5.13%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 1.1% a day on average for past five trading days. |
Weekly Trend | TBT advances 2.1% 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(20%) VXX(19%) UUP(12%) URA(10%) USO(9%) |
Factors Impacting TBT price | TBT will decline at least -0.98% in a week (0% probabilities). LQD(-94%) BND(-93%) VCIT(-90%) 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 | -0.98% (StdDev 1.96%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.1% |
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