| CRON latest price $12.2900 (4.77%) ($12.2900 - $12.2900) on Fri. Feb. 19, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.63% (three month average) |
RSI | 63 |
Latest Price | $12.2900(4.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CRON advances 0.2% a day on average for past five trading days. |
Weekly Trend | CRON advances 3.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CRON advance at 0% a week (0% probability) ARKG(57%) IWO(55%) ARKK(54%) XBI(54%) IBUY(53%) |
Factors Impacting CRON price | CRON will decline at least -2.815% in a week (0% probabilities). VIXM(-32%) VXX(-31%) UUP(-17%) TLT(-12%) SHY(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.815% (StdDev 5.63%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
| |
|
|