(GreenPower Motor Company Inc. )
| GP latest price $18.2400 (6.17%) ($18.2400 - $18.2400) on Tue. Jun. 8, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.45% (three month average) |
RSI | 69 |
Latest Price | $18.2400(6.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GP advances 1.4% a day on average for past five trading days. |
Weekly Trend | GP advances 3.9% 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 GP advance at 0% a week (0% probability) IPO(56%) ACES(55%) IBUY(55%) ARKK(52%) DRIV(51%) |
Factors Impacting GP price | GP will decline at least -2.725% in a week (0% probabilities). VIXM(-34%) VXX(-33%) UUP(-13%) SHY(-11%) IGOV(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.725% (StdDev 5.45%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
| |
|
|