| TBT latest price $14.6700 (1.24%) ($14.4100 - $14.7350) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 35 |
Latest Price | $14.6700(1.24%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.2% a day on average for past five trading days. |
Weekly Trend | TBT declines -1.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) XLE(19%) OIH(18%) XOP(18%) UUP(17%) USO(15%) |
Factors Impacting TBT price | TBT will decline at least -0.805% in a week (0% probabilities). TLT(-99%) VCIT(-80%) TIP(-69%) BND(-59%) LQD(-53%) |
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 | -0.805% (StdDev 1.61%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.7% |
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