| TBT latest price $18.3100 (-1.19%) ($18.3000 - $18.5400) on Thu. Jan. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 70 |
Latest Price | $18.3100(-1.19%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.3% a day on average for past five trading days. |
Weekly Trend | TBT advances 2.2% 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(10%) XLE(10%) XOP(8%) OIH(6%) |
Factors Impacting TBT price | TBT will decline at least -1% in a week (0% probabilities). TLT(-99%) VCIT(-83%) TIP(-72%) 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% (StdDev 2%) |
Hourly BBV | -1.5 () |
Intraday Trend | -0.7% |
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