| AVRO latest price $16.6600 (7.41%) ($15.1200 - $16.9000) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.21% (three month average) |
RSI | 55 |
Latest Price | $16.6600(7.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AVRO advances 2.8% a day on average for past five trading days. |
Weekly Trend | AVRO declines -2.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support AVRO advance at 0% a week (0% probability) XBI(54%) IBB(46%) IWO(45%) IWC(43%) IWM(43%) |
Factors Impacting AVRO price | AVRO will decline at least -2.105% in a week (0% probabilities). VIXM(-27%) VXX(-25%) UUP(-10%) TLT(-10%) BNDX(-7%) |
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 | -2.105% (StdDev 4.21%) |
Hourly BBV | 0 () |
Intraday Trend | 6.5% |
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