| TBT latest price $26.5400 (1.92%) ($26.1700 - $26.5800) on Tue. Dec. 31, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 61 |
Latest Price | $26.5400(1.92%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.2% a day on average for past five trading days. |
Weekly Trend | TBT advances 0.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) XOP(26%) XLE(25%) XLF(25%) OIH(24%) VYM(22%) |
Factors Impacting TBT price | TBT will decline at least -0.805% in a week (0% probabilities). TLT(-97%) TIP(-66%) VCIT(-61%) BND(-57%) LQD(-44%) |
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 | -0.805% (StdDev 1.61%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1% |
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