| MAXN latest price $18.9800 (1.12%) ($18.6618 - $19.9900) on Thu. Nov. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.26% (three month average) |
RSI | 49 |
Latest Price | $18.9800(1.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAXN advances 2.4% a day on average for past five trading days. |
Weekly Trend | MAXN advances 2.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MAXN advance at 0% a week (0% probability) ICLN(61%) TAN(58%) ACES(52%) IWO(48%) IWC(44%) |
Factors Impacting MAXN price | MAXN will decline at least -3.13% in a week (0% probabilities). VIXM(-20%) UUP(-15%) TBT(-9%) VXX(-5%) IGOV(-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 | -3.13% (StdDev 6.26%) |
Hourly BBV | 0 () |
Intraday Trend | -1.2% |
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