| AVXL latest price $12.9600 (3.6%) ($12.9600 - $12.9700) on Wed. Jun. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.28% (three month average) |
RSI | 77 |
Latest Price | $12.9600(3.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AVXL advances 3.1% a day on average for past five trading days. |
Weekly Trend | AVXL advances 7.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support AVXL advance at 0% a week (0% probability) XBI(65%) ARKG(61%) ARKK(57%) IBB(56%) IWO(55%) |
Factors Impacting AVXL price | AVXL will decline at least -2.14% in a week (0% probabilities). VIXM(-40%) VXX(-32%) UUP(-13%) GLD(-6%) USO(-2%) |
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 | -2.14% (StdDev 4.28%) |
Hourly BBV | 2.3 () |
Intraday Trend | 0% |
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