| DISCA latest price $26.5000 (3.96%) ($25.5700 - $26.6250) on Mon. Nov. 23, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.73% (three month average) |
RSI | 75 |
Latest Price | $26.5000(3.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DISCA advances 1.9% a day on average for past five trading days. |
Weekly Trend | DISCA advances 9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support DISCA advance at 0% a week (0% probability) PEJ(48%) XRT(35%) IWN(34%) IWC(33%) JETS(32%) |
Factors Impacting DISCA price | DISCA will decline at least -1.365% in a week (0% probabilities). TLT(-22%) VXX(-15%) EDOC(-15%) BND(-15%) VIXM(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.365% (StdDev 2.73%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
| |
|
|