| CRON latest price $7.5000 (16.1%) ($6.7000 - $8.4400) on Fri. Nov. 6, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.52% (three month average) |
RSI | 67 |
Latest Price | $7.5000(16.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CRON advances 7.5% a day on average for past five trading days. |
Weekly Trend | CRON advances 4.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CRON advance at 0% a week (0% probability) ACES(50%) IWO(49%) ARKG(48%) IBUY(48%) IWC(48%) |
Factors Impacting CRON price | CRON will decline at least -2.26% in a week (0% probabilities). VXX(-29%) VIXM(-28%) UUP(-18%) TLT(-13%) SHY(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.26% (StdDev 4.52%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|