| BETZ latest price $18.6000 (-1.3%) ($18.4790 - $18.9100) on Fri. Jul. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.37% (three month average) |
RSI | 75 |
Latest Price | $18.6000(-1.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BETZ advances 1.4% a day on average for past five trading days. |
Weekly Trend | BETZ advances 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 BETZ advance at 0% a week (0% probability) GLD(87%) IWO(82%) HYG(81%) IBUY(81%) IWM(81%) |
Factors Impacting BETZ price | BETZ will decline at least -0.685% in a week (0% probabilities). VIXM(-67%) VXX(-65%) TBT(-58%) UUP(-56%) EDOC(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.685% (StdDev 1.37%) |
Hourly BBV | -1 () |
Intraday Trend | -0.9% |
| |
|
|