| GOOS latest price $15.9600 (6.33%) ($14.8000 - $16.1799) on Mon. Mar. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.32% (three month average) |
RSI | 23 |
Latest Price | $15.9600(6.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 1.4% a day on average for past five trading days. |
Weekly Trend | GOOS declines -21.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support GOOS advance at 0% a week (0% probability) IWM(62%) IWO(62%) IWC(59%) XLY(59%) IBUY(58%) |
Factors Impacting GOOS price | GOOS will decline at least -2.16% in a week (0% probabilities). VIXM(-40%) UUP(-22%) VXX(-17%) TLT(-9%) SHY(-0%) |
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 | -2.16% (StdDev 4.32%) |
Hourly BBV | 0 () |
Intraday Trend | 3.6% |
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