| TBT latest price $17.0400 (-0.64%) ($17.0100 - $17.2500) on Wed. Nov. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 51 |
Latest Price | $17.0400(-0.64%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 1.3% a day on average for past five trading days. |
Weekly Trend | TBT advances 0.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) XLE(18%) OIH(17%) UUP(17%) XOP(17%) USO(15%) |
Factors Impacting TBT price | TBT will decline at least -0.78% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.78% (StdDev 1.56%) |
Hourly BBV | -2.6 () |
Intraday Trend | -1.2% |
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