| TBT latest price $17.3600 (2.72%) ($17.0200 - $17.4050) on Thu. Jun. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.82% (three month average) |
RSI | 77 |
Latest Price | $17.3600(2.72%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 1.2% a day on average for past five trading days. |
Weekly Trend | TBT advances 2.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) XLE(22%) OIH(20%) XOP(20%) XLF(19%) USO(17%) |
Factors Impacting TBT price | TBT will decline at least -1.91% in a week (0% probabilities). TLT(-99%) VCIT(-78%) 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 | -1.91% (StdDev 3.82%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.9% |
| |
|
|