| MAXN latest price $22.9850 (-1.1%) ($22.9850 - $22.9850) on Wed. Aug. 9, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.3% (three month average) |
RSI | 31 |
Latest Price | $22.9850(-1.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAXN advances 0.2% a day on average for past five trading days. |
Weekly Trend | MAXN declines -8.5% 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) SMH(76%) IVW(57%) SPY(55%) QQQ(54%) FIVG(51%) |
Factors Impacting MAXN price | MAXN will decline at least -2.65% in a week (0% probabilities). VXX(-26%) VIXM(-24%) TBT(-17%) UUP(-14%) USO(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.65% (StdDev 5.3%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
| |
|
|