| CBAY latest price $12.3800 (-1.9%) ($12.2000 - $12.6000) on Mon. May. 20, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.41% (three month average) |
RSI | 46 |
Latest Price | $12.3800(-1.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CBAY advances 0.1% a day on average for past five trading days. |
Weekly Trend | CBAY advances 0.1% 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 CBAY advance at 0% a week (0% probability) XBI(11%) IBB(10%) ARKG(9%) ARKK(9%) IWC(8%) |
Factors Impacting CBAY price | CBAY will decline at least -1.705% in a week (0% probabilities). VXX(-9%) VIXM(-6%) SHY(-6%) GDXJ(-6%) BNDX(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.705% (StdDev 3.41%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
| |
|
|