| TBT latest price $31.1500 (-0.51%) ($31.0100 - $31.4500) on Mon. Jul. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 47 |
Latest Price | $31.1500(-0.51%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.5% a day on average for past five trading days. |
Weekly Trend | TBT advances 1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) VXX(21%) VIXM(20%) EDOC(18%) UUP(17%) USO(10%) |
Factors Impacting TBT price | TBT will decline at least -0.88% in a week (0% probabilities). LQD(-94%) BND(-94%) VCIT(-90%) TIP(-88%) PCY(-81%) |
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 | -0.88% (StdDev 1.76%) |
Hourly BBV | -0.2 () |
Intraday Trend | -1% |
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