| TBT latest price $35.2400 (1.5%) ($34.5800 - $35.3600) on Wed. Aug. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.83% (three month average) |
RSI | 70 |
Latest Price | $35.2400(1.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 1.4% a day on average for past five trading days. |
Weekly Trend | TBT advances 3.9% 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) VIXM(18%) VXX(18%) UUP(14%) URA(11%) USO(9%) |
Factors Impacting TBT price | TBT will decline at least -0.915% in a week (0% probabilities). TLT(-99%) LQD(-94%) BND(-93%) VCIT(-90%) TIP(-87%) |
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 | -0.915% (StdDev 1.83%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0.9% |
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