| GOOS latest price $23.3700 (-2.63%) ($23.1400 - $24.0500) on Thu. Jul. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.35% (three month average) |
RSI | 52 |
Latest Price | $23.3700(-2.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 1% a day on average for past five trading days. |
Weekly Trend | GOOS advances 0.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support GOOS advance at 0% a week (0% probability) IWM(58%) IWO(58%) IBUY(56%) IWC(55%) PEJ(55%) |
Factors Impacting GOOS price | GOOS will decline at least -2.175% in a week (0% probabilities). VIXM(-36%) UUP(-26%) VXX(-13%) IYT(-2%) TBT(-1%) |
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 | -2.175% (StdDev 4.35%) |
Hourly BBV | 0 () |
Intraday Trend | -1.4% |
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