| TBT latest price $42.8400 (1.98%) ($42.5700 - $43.4300) on Wed. Oct. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.33% (three month average) |
RSI | 62 |
Latest Price | $42.8400(1.98%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 1.8% a day on average for past five trading days. |
Weekly Trend | TBT advances 1.1% 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) URA(19%) XLP(9%) UUP(8%) USO(6%) VIXM(4%) |
Factors Impacting TBT price | TBT will decline at least -1.165% in a week (0% probabilities). LQD(-94%) BND(-94%) VCIT(-90%) TIP(-87%) 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 | -1.165% (StdDev 2.33%) |
Hourly BBV | 1 () |
Intraday Trend | -0.2% |
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