| GOOS latest price $21.4600 (-2.76%) ($21.1000 - $21.8400) on Wed. Apr. 15, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.4% (three month average) |
RSI | 60 |
Latest Price | $21.4600(-2.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 1.1% a day on average for past five trading days. |
Weekly Trend | GOOS advances 4.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support GOOS advance at 0% a week (0% probability) IWM(61%) IWO(60%) PEJ(58%) IWC(57%) IWN(57%) |
Factors Impacting GOOS price | GOOS will decline at least -2.7% in a week (0% probabilities). VIXM(-39%) UUP(-27%) VXX(-15%) TLT(-3%) BNDX(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.7% (StdDev 5.4%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
| |
|
|