| TBT latest price $31.1400 (2.91%) ($30.7500 - $31.2900) on Thu. Feb. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.43% (three month average) |
RSI | 70 |
Latest Price | $31.1400(2.91%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 1.2% a day on average for past five trading days. |
Weekly Trend | TBT advances 4% 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(20%) OIH(14%) XLE(13%) XOP(13%) USO(11%) |
Factors Impacting TBT price | TBT will decline at least -1.215% in a week (0% probabilities). TLT(-99%) LQD(-92%) VCIT(-88%) TIP(-85%) PCY(-75%) |
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 | -1.215% (StdDev 2.43%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.9% |
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