| FRPT latest price $100.7700 (4.91%) ($96.7850 - $102.5500) on Mon. Aug. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.25% (three month average) |
RSI | 79 |
Latest Price | $100.7700(4.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FRPT advances 2% a day on average for past five trading days. |
Weekly Trend | FRPT advances 3.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FRPT advance at 0% a week (0% probability) IWO(56%) IBUY(55%) IPO(55%) ONLN(52%) SKYY(52%) |
Factors Impacting FRPT price | FRPT will decline at least -1.625% in a week (0% probabilities). VIXM(-27%) UUP(-16%) VXX(-9%) DRIV(-6%) TBT(-5%) |
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 | -1.625% (StdDev 3.25%) |
Hourly BBV | 0 () |
Intraday Trend | 3.8% |
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