| COIN latest price $256.6100 (-7.53%) ($256.6100 - $256.6100) on Thu. Aug. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.9% (three month average) |
RSI | 64 |
Latest Price | $256.6100(-7.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | COIN advances 0.1% a day on average for past five trading days. |
Weekly Trend | COIN advances 6.8% 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 COIN advance at 0% a week (0% probability) IBUY(62%) SKYY(61%) IPO(59%) ONLN(59%) ARKK(58%) |
Factors Impacting COIN price | COIN will decline at least -1.95% in a week (0% probabilities). VIXM(-30%) UUP(-17%) VXX(-8%) UNG(-5%) TLT(-1%) |
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 | -1.95% (StdDev 3.9%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
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