| OPEN latest price $27.3500 (0.37%) ($26.9000 - $29.4500) on Thu. Dec. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 50 |
Latest Price | $27.3500(0.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OPEN advances 31% a day on average for past five trading days. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support OPEN advance at 0% a week (0% probability) XLP(7%) VIXM(6%) USO(4%) XRT(3%) CEMB(2%) |
Factors Impacting OPEN price | OPEN will decline at least -1.75% in a week (0% probabilities). UNG(-12%) TAN(-10%) ICLN(-10%) ARKG(-10%) ACES(-10%) |
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 | -1.75% (StdDev 3.5%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
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