| BJK latest price $39.9100 (0.04%) ($39.5800 - $40.2800) on Fri. Sep. 18, 2020. |
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| Trend Analysis and Forecast |
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Trend Pattern | Overbought |
Trend Narrative | The Top |
Average Daily Price Swing | $0.86 (2.31% one month average) |
Average Daily Percentage Swing | 2.17% (three month average) |
Weekly Trend Force | 0.6% (StdDev 2.17%) |
Daily Moving Force | 0.1% |
Correction Force | Very Strong (-3.3%) |
Trend | 0.76% |
Trend Strength | 5% |
RSI | 81 |
Momentum | 1.1 |
Latest Price | $39.9100(0.04%) |
Forecasted Low Price | 37.2(-6.8%) |
Forecasted High Price | 40.23(0.8%) |
Direction of Next Movement | Higher(2.4%) |
% Change Needed to Confirm Correction | 2.6% (38.9) |
% Change Needed for Trend Reversal | 3.1% |
Hourly Trend | -0.8% [$39.86(-0.32), $39.76(0.47)] |
Stocks Behave Similarly | Similar Stock List |
Complacency | 3 |
Intraday Reversal Probability | N/A. |
Daily Trend | BJK advances 25.4% a day on average for past five trading days. |
Weekly Trend | BJK advances 4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support BJK advance at 8.7% a week (76% probability) UUP(13%) UNG(9%) FEX(8%) SHY(7%) VIXM(6%) |
Factors Impacting BJK price | BJK will advance at least 0% in a week (32% probabilities). DRIV(-35%) SMH(-32%) IDRV(-32%) MJ(-31%) USO(-30%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
Trading Plan | Not Available |
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Valuation to SPY | 1.7 |
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Relative Volatility | -0.6 (options are cheap) |
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Market Trend Strength | 9.3% (StdDev 2.17%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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