| AXTA latest price $26.1100 (4.31%) ($25.5000 - $26.3900) on Wed. Aug. 10, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.51% (three month average) |
RSI | 57 |
Latest Price | $26.1100(4.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AXTA advances 0.6% a day on average for past five trading days. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support AXTA advance at 0% a week (0% probability) BOTZ(72%) ARKK(61%) VT(48%) XLB(47%) DRIV(46%) |
Factors Impacting AXTA price | AXTA will decline at least -1.255% in a week (0% probabilities). UUP(-37%) VIXM(-27%) TBT(-14%) UNG(-4%) VXX(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.255% (StdDev 2.51%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.9% |
| |
|
|