| GOOS latest price $51.1100 (-1.01%) ($50.5100 - $52.4900) on Thu. Nov. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 84 |
Latest Price | $51.1100(-1.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 0.7% a day on average for past five trading days. |
Weekly Trend | GOOS advances 13.9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support GOOS advance at 0% a week (0% probability) IWO(69%) DRIV(68%) IBUY(67%) IWM(67%) IDRV(65%) |
Factors Impacting GOOS price | GOOS will decline at least -1.7% in a week (0% probabilities). VIXM(-49%) UUP(-33%) VXX(-12%) TBT(-8%) 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 | -1.7% (StdDev 3.4%) |
Hourly BBV | 0 () |
Intraday Trend | -1.9% |
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