| TBT latest price $16.3500 (-2.74%) ($16.2750 - $16.5000) on Mon. Dec. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 39 |
Latest Price | $16.3500(-2.74%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.2% a day on average for past five trading days. |
Weekly Trend | TBT declines -1.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) UUP(21%) USO(11%) XLE(11%) XOP(10%) IGOV(8%) |
Factors Impacting TBT price | TBT will decline at least -1.05% in a week (0% probabilities). TLT(-99%) VCIT(-82%) TIP(-71%) BND(-53%) LQD(-45%) |
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 | -1.05% (StdDev 2.1%) |
Hourly BBV | -1.4 () |
Intraday Trend | -0.8% |
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