| CCIV latest price $22.9600 (-2.55%) ($22.0100 - $24.5900) on Thu. Jun. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.35% (three month average) |
RSI | 81 |
Latest Price | $22.9600(-2.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCIV advances 2.9% a day on average for past five trading days. |
Weekly Trend | CCIV advances 8.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CCIV advance at 0% a week (0% probability) ACES(77%) PEJ(50%) FXI(76%) IPO(53%) ARKG(99%) |
Factors Impacting CCIV price | CCIV will decline at least -2.675% in a week (0% probabilities). SPLV(-15%) TBT(-6%) VXX(-36%) XLV(-18%) XLU(-15%) |
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 | -2.675% (StdDev 5.35%) |
Hourly BBV | 0 () |
Intraday Trend | -1.2% |
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