| GOOS latest price $49.2000 (2.82%) ($47.6100 - $49.3300) on Thu. Nov. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.48% (three month average) |
RSI | 71 |
Latest Price | $49.2000(2.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 3.7% a day on average for past five trading days. |
Weekly Trend | GOOS advances 14.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GOOS advance at 0% a week (0% probability) IWO(67%) DRIV(66%) IWM(66%) IBUY(65%) PEJ(65%) |
Factors Impacting GOOS price | GOOS will decline at least -1.74% in a week (0% probabilities). VIXM(-46%) UUP(-32%) VXX(-12%) TBT(-9%) IGOV(-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 | -1.74% (StdDev 3.48%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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