| BJK latest price $36.6700 (1.97%) ($36.1500 - $36.8090) on Mon. Aug. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Trend Pattern | Growing Uptrend |
Trend Narrative | Growing Uptrend |
Average Daily Price Swing | $0.88 (2.56% one month average) |
Average Daily Percentage Swing | 2.79% (three month average) |
Weekly Trend Force | 0.6% (StdDev 2.79%) |
Daily Moving Force | 0.3% |
Correction Force | Strong (-1.9%) |
Trend | 0.16% |
Latest Price | $36.6700(1.97%) |
Forecasted Low Price | 35.17(-4.1%) |
Forecasted High Price | 37.04(1%) |
Direction of Next Movement | Lower(-3.1%) |
% Change Needed to Confirm Correction | -1521.3% (-2.58) |
% Change Needed for Trend Reversal | 7.3% |
Hourly Trend | 0% [$0(0), $0(0)] |
Stocks Behave Similarly | Similar Stock List |
Complacency | 4 |
Intraday Reversal Probability | N/A. |
Daily Trend | BJK advances 1.7% a day on average for past five trading days. |
Weekly Trend | BJK advances 0.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support BJK advance at 0.3% a week (67% probability) XLC(17%) XLRE(17%) PEJ(16%) XLU(15%) SKYY(11%) |
Factors Impacting BJK price | BJK will advance at least -0% in a week (17% probabilities). GBTC(-22%) REMX(-19%) ARKG(-15%) XBI(-12%) CNCR(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
Trading Plan | Not Available |
| |
Valuation to SPY | 1.3 |
| |
Relative Volatility | 1 (options are expensive) |
| |
Market Trend Strength | 0.9% (StdDev 2.79%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
| |
|
|