| GOOS latest price $41.8500 (1.09%) ($40.8100 - $41.8600) on Fri. Sep. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.82% (three month average) |
RSI | 72 |
Latest Price | $41.8500(1.09%) |
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 5.5% 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(67%) DRIV(65%) IBUY(65%) IWM(65%) PEJ(63%) |
Factors Impacting GOOS price | GOOS will decline at least -1.41% in a week (0% probabilities). VIXM(-45%) UUP(-32%) VXX(-12%) TBT(-8%) IGOV(-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 | -1.41% (StdDev 2.82%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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