| TBT latest price $16.3000 (0.18%) ($16.2550 - $16.5450) on Fri. Oct. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.34% (three month average) |
RSI | 69 |
Latest Price | $16.3000(0.18%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.7% a day on average for past five trading days. |
Weekly Trend | TBT advances 2.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) XLE(19%) XOP(18%) OIH(17%) UUP(17%) USO(15%) |
Factors Impacting TBT price | TBT will decline at least -0.67% in a week (0% probabilities). TLT(-99%) VCIT(-81%) TIP(-69%) BND(-59%) LQD(-53%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.67% (StdDev 1.34%) |
Hourly BBV | -0.4 () |
Intraday Trend | -0.6% |
| |
|
|