| BJK latest price $34.0100 (-2.16%) ($33.7750 - $34.9600) on Wed. Jun. 24, 2020. |
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| Trend Analysis and Forecast |
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Trend Pattern | Growing Downtrend |
Trend Narrative | Correction |
Average Daily Price Swing | $1.63 (4.6% one month average) |
Average Daily Percentage Swing | 4.36% (three month average) |
Weekly Trend Force | -0.8% (StdDev 4.36%) |
Daily Moving Force | -1.4% |
Rebound Strength | None(0%) |
Trend | -0.12% |
Trend Strength | 1.2% |
RSI | 58 |
Momentum | 1.1 |
Latest Price | $34.0100(-2.16%) |
Forecasted Low Price | 33.26(-2.2%) |
Forecasted High Price | 34.38(1.1%) |
Direction of Next Movement | Lower(-2.5%) |
% Change Needed to Confirm Rebound | 4.9% ((35.68)) |
% Change Needed for Trend Reversal | 7.6% |
Hourly Trend | -1.7% [$34.56(-0.59), $35.04(-0.4)] |
Stocks Behave Similarly | Similar Stock List |
Complacency | 3 |
Intraday Reversal Probability | There's a high probability the price will reverse sharply to upside intraday or next day.. |
Daily Trend | BJK declines -0.9% a day on average for past five trading days. |
Weekly Trend | BJK declines -1.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BJK decline at-0.8% a week (67% probability) FEX(19%) EWG(17%) XLY(16%) EWI(15%) VGK(15%) |
Factors Impacting BJK price | BJK will decline at least -0.6% in a week (15% probabilities). SHY(-22%) TIP(-16%) VCSH(-9%) TLT(-5%) USO(-4%) |
Explanation | The decline is sustainable and supported by the broad market. |
Trading Plan | Not Available |
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Valuation to SPY | 0 |
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Relative Volatility | -0.4 (options are faily valued) |
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Market Trend Strength | -2.2% (StdDev 4.36%) |
Hourly BBV | -4 () |
Intraday Trend | 0% |
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