| TLT latest price $138.5700 (-1.64%) ($138.5700 - $138.5700) on Thu. Feb. 25, 2021. |
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| Trend Analysis and Forecast |
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Trend Pattern | Growing Downtrend |
Trend Narrative | Bottom |
Average Daily Price Swing | $3.96 (2.7% one month average) |
Average Daily Percentage Swing | 0.72% (three month average) |
Weekly Trend Force | -0.7% (StdDev 0.72%) |
Daily Moving Force | -1% |
Rebound Strength | None(0%) |
Trend | -0.48% |
Trend Strength | -2.1% |
RSI | 17 |
Momentum | 3.7 |
Latest Price | $138.5700(-1.64%) |
Forecasted Low Price | 137.05(-1.1%) |
Forecasted High Price | 138.85(0.2%) |
Direction of Next Movement | Lower(-1.3%) |
% Change Needed to Confirm Rebound | 3.5% ((143.44)) |
% Change Needed for Trend Reversal | 4.1% |
Hourly Trend | -1.2% [$139.73(-1.64), $140.84(-1.17)] |
Stocks Behave Similarly | Similar Stock List |
Complacency | 1 |
Intraday Reversal Probability | There's a high probability the price will reverse sharply to upside intraday or next day.. |
Daily Trend | TLT declines -0.9% a day on average for past five trading days. |
Weekly Trend | TLT declines -2.6% 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 TLT decline at-0.3% a week (85% probability) BND(88%) LQD(83%) BNDX(75%) VCIT(75%) PCY(71%) |
Factors Impacting TLT price | TLT will decline at least -0.1% in a week (72% probabilities). FEX(-81%) HYXU(-27%) EWP(-23%) OIH(-21%) EWG(-19%) |
Explanation | The decline is sustainable and supported by the broad market. |
Trading Plan | Buy the bottom |
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Valuation to SPY | -1.4 |
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Relative Volatility | 2.1 (options are extremely expensive) |
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Market Trend Strength | -1.1% (StdDev 0.72%) |
Hourly BBV | -2.4 () |
Intraday Trend | 0% |
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