| OPEN latest price $27.0000 (5.47%) ($26.0035 - $28.4900) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 5.85% (three month average) |
| RSI | 50 |
| Latest Price | $27.0000(5.47%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | OPEN advances 1.6% a day on average for past five trading days. |
| Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support OPEN advance at 0% a week (0% probability)
IBUY(70%) ARKK(69%) IPO(68%) SKYY(68%) IWO(67%) |
| Factors Impacting OPEN price | OPEN will decline at least -2.925% in a week (0% probabilities).
VIXM(-43%) VXX(-37%) UUP(-20%) TLT(-5%) UNG(-1%) |
| 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 | -2.925% (StdDev 5.85%) |
| Hourly BBV | 0 () |
| Intraday Trend | 3.8% |
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