| GOOS latest price $42.3300 (-2.87%) ($42.1600 - $43.8700) on Mon. Jun. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.6% (three month average) |
RSI | 58 |
Latest Price | $42.3300(-2.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 2% a day on average for past five trading days. |
Weekly Trend | GOOS advances 2.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support GOOS advance at 0% a week (0% probability) IWO(66%) DRIV(64%) IBUY(64%) IWM(64%) PEJ(62%) |
Factors Impacting GOOS price | GOOS will decline at least -1.3% in a week (0% probabilities). VIXM(-44%) UUP(-31%) VXX(-12%) TBT(-6%) IGOV(-5%) |
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 | -1.3% (StdDev 2.6%) |
Hourly BBV | 0 () |
Intraday Trend | -3.5% |
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