| TBT latest price $43.5900 (0.74%) ($42.5700 - $43.8000) on Tue. Oct. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.45% (three month average) |
RSI | 66 |
Latest Price | $43.5900(0.74%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TBT advances 0.8% a day on average for past five trading days. |
Weekly Trend | TBT advances 2.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TBT advance at 0% a week (0% probability) EDOC(33%) URA(21%) XLP(17%) USO(13%) UNG(7%) |
Factors Impacting TBT price | TBT will decline at least -1.225% in a week (0% probabilities). LQD(-93%) BND(-93%) VCIT(-90%) TIP(-87%) PCY(-77%) |
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 | -1.225% (StdDev 2.45%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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