| GOOS latest price $20.3500 (1.6%) ($19.8000 - $20.3600) on Wed. Feb. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.5% (three month average) |
RSI | 47 |
Latest Price | $20.3500(1.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 0.1% a day on average for past five trading days. |
Weekly Trend | GOOS declines -7.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GOOS advance at 0% a week (0% probability) IVW(72%) IWO(68%) SPY(68%) XRT(68%) IWM(65%) |
Factors Impacting GOOS price | GOOS will decline at least -2.25% in a week (0% probabilities). VIXM(-49%) SHY(-20%) UUP(-17%) SMH(-16%) BNDX(-16%) |
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 | -2.25% (StdDev 4.5%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
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