| GOOS latest price $33.0000 (-2.08%) ($32.8700 - $33.9600) on Tue. Oct. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 72 |
Latest Price | $33.0000(-2.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 2% a day on average for past five trading days. |
Weekly Trend | GOOS advances 7.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support GOOS advance at 0% a week (0% probability) IWM(59%) IWO(59%) IBUY(57%) IWC(55%) PEJ(55%) |
Factors Impacting GOOS price | GOOS will decline at least -1.325% in a week (0% probabilities). VIXM(-37%) UUP(-27%) VXX(-12%) EDOC(-5%) IGOV(-3%) |
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 | -1.325% (StdDev 2.65%) |
Hourly BBV | 0 () |
Intraday Trend | -2.4% |
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