| TBT latest price $16.0400 (-1.29%) ($15.8210 - $16.1700) on Mon. Aug. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 66 |
Latest Price | $16.0400(-1.29%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.9% a day on average for past five trading days. |
Weekly Trend | TBT advances 1.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) XLE(19%) XOP(18%) OIH(17%) UUP(16%) USO(15%) |
Factors Impacting TBT price | TBT will decline at least -0.78% 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 | -0.78% (StdDev 1.56%) |
Hourly BBV | -0.9 () |
Intraday Trend | -0.8% |
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