| CCIV latest price $22.3300 (5.73%) ($20.0100 - $22.8800) on Thu. Jan. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.1% (three month average) |
RSI | 87 |
Latest Price | $22.3300(5.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCIV advances 4.1% a day on average for past five trading days. |
Weekly Trend | CCIV advances 32.6% a week on average for past two weeks. |
Market Behavior | Broad based 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 -3.05% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.05% (StdDev 6.1%) |
Hourly BBV | 0 () |
Intraday Trend | 4.6% |
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