| TBT latest price $43.8800 (4.68%) ($43.2300 - $44.1700) on Wed. Oct. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.46% (three month average) |
RSI | 56 |
Latest Price | $43.8800(4.68%) |
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 3.2% 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(20%) USO(18%) XLP(16%) VXX(10%) VIXM(8%) |
Factors Impacting TBT price | TBT will decline at least -1.23% in a week (0% probabilities). LQD(-94%) BND(-93%) VCIT(-90%) TIP(-86%) 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 | -1.23% (StdDev 2.46%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.3% |
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