| TBT latest price $39.0200 (0.8%) ($38.3600 - $39.1400) on Tue. Sep. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.02% (three month average) |
RSI | 72 |
Latest Price | $39.0200(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 1.6% a day on average for past five trading days. |
Weekly Trend | TBT advances 3.6% 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(9%) USO(9%) |
Factors Impacting TBT price | TBT will decline at least -1.01% 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 | -1.01% (StdDev 2.02%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.4% |
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