| GOOS latest price $20.7300 (0.83%) ($20.1900 - $20.7950) on Tue. May. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 69 |
Latest Price | $20.7300(0.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 1.9% a day on average for past five trading days. |
Weekly Trend | GOOS advances 2.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support GOOS advance at 0% a week (0% probability) XRT(94%) IWM(95%) IWO(95%) XLC(99%) ONLN(92%) |
Factors Impacting GOOS price | GOOS will decline at least -1.125% in a week (0% probabilities). TLT(-45%) SMH(-40%) UUP(-27%) UNG(-27%) LQD(-11%) |
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 | -1.125% (StdDev 2.25%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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