TBT in downward trend: price dove below 50-day moving average on February 20, 2025
TBT moved below its 50-day moving average on February 20, 2025 date and that indicates a change from an upward trend to a downward trend. In of 46 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on February 24, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on TBT as a result. In of 95 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The 10-day moving average for TBT crossed bearishly below the 50-day moving average on February 14, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TBT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for TBT entered a downward trend on March 03, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for TBT's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TBT advanced for three days, in of 305 cases, the price rose further within the following month. The odds of a continued upward trend are .
TBT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Trading
TBT and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, TBT has been closely correlated with TBF. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if TBT jumps, then TBF could also see price increases.