| TBT latest price $16.5500 (2.8%) ($16.3150 - $16.7290) on Tue. Dec. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.57% (three month average) |
RSI | 37 |
Latest Price | $16.5500(2.8%) |
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 declines -1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) XLE(18%) UUP(17%) OIH(16%) XOP(16%) USO(15%) |
Factors Impacting TBT price | TBT will decline at least -0.785% in a week (0% probabilities). TLT(-99%) VCIT(-81%) TIP(-69%) BND(-58%) 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 | -0.785% (StdDev 1.57%) |
Hourly BBV | 0.5 () |
Intraday Trend | 1.2% |
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