| TBT latest price $15.7300 (-3.32%) ($15.6800 - $16.2800) on Thu. May. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.81% (three month average) |
RSI | 52 |
Latest Price | $15.7300(-3.32%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.1% a day on average for past five trading days. |
Weekly Trend | TBT advances 1.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) XLE(22%) XOP(21%) OIH(20%) XLF(19%) USO(17%) |
Factors Impacting TBT price | TBT will decline at least -1.905% in a week (0% probabilities). TLT(-99%) VCIT(-77%) TIP(-68%) BND(-59%) LQD(-52%) |
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 | -1.905% (StdDev 3.81%) |
Hourly BBV | -1.2 () |
Intraday Trend | -3.1% |
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