| AVXL latest price $22.4450 (-0.77%) ($22.4450 - $22.4450) on Thu. Jul. 22, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.54% (three month average) |
RSI | 42 |
Latest Price | $22.4450(-0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AVXL advances 0.3% a day on average for past five trading days. |
Weekly Trend | AVXL declines -6.4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support AVXL advance at 0% a week (0% probability) XBI(76%) ARKG(73%) IBB(68%) ARKK(67%) IWO(67%) |
Factors Impacting AVXL price | AVXL will decline at least -3.77% in a week (0% probabilities). VIXM(-50%) VXX(-40%) UUP(-18%) GLD(-5%) UNG(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.77% (StdDev 7.54%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
| |
|
|