| FRPT latest price $76.7800 (2.54%) ($76.7800 - $76.7800) on Wed. Aug. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.4% (three month average) |
RSI | 41 |
Latest Price | $76.7800(2.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FRPT advances 0.3% a day on average for past five trading days. |
Weekly Trend | FRPT declines -3.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FRPT advance at 0% a week (0% probability) ARKK(92%) IPO(92%) IVW(91%) SPY(83%) IBUY(76%) |
Factors Impacting FRPT price | FRPT will decline at least -1.2% in a week (0% probabilities). VXX(-54%) VIXM(-48%) UUP(-34%) TBT(-22%) FXI(-17%) |
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 | -1.2% (StdDev 2.4%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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