| TBT latest price $20.0300 (1.68%) ($19.5800 - $20.1600) on Mon. Feb. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 83 |
Latest Price | $20.0300(1.68%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 1.4% a day on average for past five trading days. |
Weekly Trend | TBT advances 4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) UUP(19%) XLE(17%) USO(15%) XOP(15%) OIH(14%) |
Factors Impacting TBT price | TBT will decline at least -0.7% in a week (0% probabilities). TLT(-99%) VCIT(-81%) TIP(-70%) 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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.1% |
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