| TBT latest price $41.6200 (1.19%) ($41.2800 - $41.7900) on Thu. Oct. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.06% (three month average) |
RSI | 76 |
Latest Price | $41.6200(1.19%) |
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 6.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) VXX(15%) VIXM(14%) UUP(11%) USO(9%) URA(8%) |
Factors Impacting TBT price | TBT will decline at least -1.03% in a week (0% probabilities). LQD(-94%) BND(-94%) VCIT(-90%) TIP(-88%) PCY(-79%) |
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 | -1.03% (StdDev 2.06%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0.6% |
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