| CCIV latest price $24.9500 (11.63%) ($18.5500 - $27.3000) on Mon. Jan. 25, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.75% (three month average) |
RSI | 96 |
Latest Price | $24.9500(11.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCIV advances 6.9% a day on average for past five trading days. |
Weekly Trend | CCIV advances 38.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CCIV advance at 0% a week (0% probability) EDOC(42%) ARKK(41%) IBUY(41%) ARKG(39%) BLOK(36%) |
Factors Impacting CCIV price | CCIV will decline at least -2.875% in a week (0% probabilities). VXX(-19%) UUP(-11%) XRT(-8%) VIXM(-5%) TBT(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.875% (StdDev 5.75%) |
Hourly BBV | 0 () |
Intraday Trend | -6.5% |
| |
|
|