TBT's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for TBT turned positive on September 24, 2026. Looking at past instances where TBT's MACD turned positive, the stock continued to rise in 45 of 48 cases over the following month. The odds of a continued upward trend are 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 18, 2026. You may want to consider a long position or call options on TBT as a result. In 80 of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 89%.
Following a +3.13% 3-day Advance, the price is estimated to grow further. Considering data from situations where TBT advanced for three days, in 251 of 293 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.
The Aroon Indicator entered an Uptrend today. In 251 of 279 cases where TBT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
Bearish Trend Analysis
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
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 50 of 62 cases within the following month. The odds of a continued downward trend are 80%.
TBT broke above its upper Bollinger Band on September 24, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.