| GOOS latest price $35.6600 (4%) ($34.5000 - $35.8200) on Thu. Oct. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.58% (three month average) |
RSI | 75 |
Latest Price | $35.6600(4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 1.5% a day on average for past five trading days. |
Weekly Trend | GOOS advances 8.8% 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%) IBUY(57%) IWC(55%) PEJ(55%) |
Factors Impacting GOOS price | GOOS will decline at least -1.29% in a week (0% probabilities). VIXM(-37%) UUP(-27%) VXX(-12%) EDOC(-5%) TBT(-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 | -1.29% (StdDev 2.58%) |
Hourly BBV | 0 () |
Intraday Trend | 3.4% |
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