| TBT latest price $16.1400 (-0.98%) ($16.1200 - $16.3900) on Tue. May. 19, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.87% (three month average) |
RSI | 60 |
Latest Price | $16.1400(-0.98%) |
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 0.8% a week on average for past two weeks. |
Market Behavior | Value stocks 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) XLE(22%) OIH(21%) XOP(21%) XLF(19%) USO(17%) |
Factors Impacting TBT price | TBT will decline at least -1.935% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.935% (StdDev 3.87%) |
Hourly BBV | 0.6 () |
Intraday Trend | -1.5% |
| |
|
|