| TBT latest price $17.7100 (3.27%) ($17.4850 - $17.7300) on Fri. Aug. 6, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 61 |
Latest Price | $17.7100(3.27%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.4% a day on average for past five trading days. |
Weekly Trend | TBT declines -0.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) UUP(21%) USO(14%) XLE(14%) XOP(13%) OIH(11%) |
Factors Impacting TBT price | TBT will decline at least -0.805% in a week (0% probabilities). TLT(-99%) VCIT(-82%) TIP(-70%) BND(-56%) LQD(-49%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.805% (StdDev 1.61%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.7% |
| |
|
|