| TBT latest price $19.8800 (5.52%) ($18.6300 - $21.1290) on Wed. Mar. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.21% (three month average) |
RSI | 45 |
Latest Price | $19.8800(5.52%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 2.5% a day on average for past five trading days. |
Weekly Trend | TBT declines -5.1% 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) XOP(24%) XLE(23%) XLF(23%) OIH(21%) SDY(20%) |
Factors Impacting TBT price | TBT will decline at least -1.605% in a week (0% probabilities). TLT(-97%) TIP(-66%) VCIT(-62%) BND(-57%) LQD(-45%) |
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 | -1.605% (StdDev 3.21%) |
Hourly BBV | 1.5 () |
Intraday Trend | 4.6% |
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