| TBT latest price $16.6100 (-0.6%) ($16.5600 - $16.8500) on Wed. Jun. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.8% (three month average) |
RSI | 54 |
Latest Price | $16.6100(-0.6%) |
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 declines -0.5% 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(21%) OIH(20%) XOP(20%) XLF(18%) USO(16%) |
Factors Impacting TBT price | TBT will decline at least -1.4% 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 | -1.4% (StdDev 2.8%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.4% |
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