| FTCH latest price $53.5600 (2.02%) ($49.5600 - $53.6500) on Wed. Nov. 25, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4% (three month average) |
RSI | 81 |
Latest Price | $53.5600(2.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FTCH advances 3.5% a day on average for past five trading days. |
Weekly Trend | FTCH advances 10% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support FTCH advance at 0% a week (0% probability) ARKK(84%) XBI(58%) BLOK(23%) EWY(6%) EWG(-1%) |
Factors Impacting FTCH price | FTCH will decline at least -2% in a week (0% probabilities). SDY(-46%) IWN(-39%) PEJ(-36%) GDX(-32%) GDXJ(-21%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2% (StdDev 4%) |
Hourly BBV | 0 () |
Intraday Trend | 5.5% |
| |
|
|