| GOOS latest price $22.8500 (2.97%) ($22.0400 - $22.9850) on Fri. Jan. 27, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.45% (three month average) |
RSI | 73 |
Latest Price | $22.8500(2.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 1.6% a day on average for past five trading days. |
Weekly Trend | GOOS advances 2.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support GOOS advance at 0% a week (0% probability) DIA(42%) VYM(37%) XLF(37%) OIH(36%) VFMO(36%) |
Factors Impacting GOOS price | GOOS will decline at least -1.725% in a week (0% probabilities). BNDX(-35%) VIXM(-34%) VCIT(-22%) BWX(-20%) SHY(-19%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.725% (StdDev 3.45%) |
Hourly BBV | 0 () |
Intraday Trend | 3.2% |
| |
|
|