| MAXN latest price $21.7800 (8.41%) ($19.4300 - $21.9600) on Mon. Oct. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.39% (three month average) |
RSI | 82 |
Latest Price | $21.7800(8.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAXN advances 5.1% a day on average for past five trading days. |
Weekly Trend | MAXN advances 17.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MAXN advance at 0% a week (0% probability) ICLN(61%) TAN(57%) ACES(52%) IWO(47%) IWC(44%) |
Factors Impacting MAXN price | MAXN will decline at least -3.195% in a week (0% probabilities). VIXM(-20%) UUP(-15%) TBT(-8%) DRIV(-6%) VXX(-5%) |
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 | -3.195% (StdDev 6.39%) |
Hourly BBV | 0 () |
Intraday Trend | 4.9% |
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