| TBT latest price $17.0900 (-2.23%) ($16.8400 - $17.1400) on Tue. Jun. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.45% (three month average) |
RSI | 66 |
Latest Price | $17.0900(-2.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.8% a day on average for past five trading days. |
Weekly Trend | TBT advances 4% 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(20%) XOP(20%) XLF(19%) USO(17%) |
Factors Impacting TBT price | TBT will decline at least -1.725% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.725% (StdDev 3.45%) |
Hourly BBV | -1 () |
Intraday Trend | 0.8% |
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