| GOOS latest price $22.8100 (0.8%) ($22.7200 - $23.4200) on Fri. May. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.62% (three month average) |
RSI | 56 |
Latest Price | $22.8100(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 0.1% a day on average for past five trading days. |
Weekly Trend | GOOS advances 1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GOOS advance at 0% a week (0% probability) IWM(59%) IWO(59%) IWC(56%) PEJ(56%) IBUY(55%) |
Factors Impacting GOOS price | GOOS will decline at least -2.81% in a week (0% probabilities). VIXM(-38%) UUP(-27%) VXX(-14%) TLT(-2%) IGOV(-2%) |
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 | -2.81% (StdDev 5.62%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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