| TBT latest price $36.3100 (2.63%) ($36.1490 - $36.5350) on Mon. Aug. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.84% (three month average) |
RSI | 72 |
Latest Price | $36.3100(2.63%) |
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 3.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) VIXM(21%) VXX(21%) EDOC(16%) UUP(14%) URA(10%) |
Factors Impacting TBT price | TBT will decline at least -0.92% in a week (0% probabilities). LQD(-94%) BND(-93%) VCIT(-90%) TIP(-88%) PCY(-80%) |
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 | -0.92% (StdDev 1.84%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.5% |
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