| OPEN latest price $29.7400 (-0.87%) ($29.3500 - $31.5000) on Thu. Jan. 21, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.29% (three month average) |
RSI | 67 |
Latest Price | $29.7400(-0.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OPEN advances 2.1% a day on average for past five trading days. |
Weekly Trend | OPEN advances 6.3% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support OPEN advance at 0% a week (0% probability) ARKK(70%) IBUY(70%) IPO(69%) SKYY(69%) IWO(68%) |
Factors Impacting OPEN price | OPEN will decline at least -2.645% in a week (0% probabilities). VIXM(-44%) VXX(-37%) UUP(-20%) TLT(-4%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.645% (StdDev 5.29%) |
Hourly BBV | 0 () |
Intraday Trend | -3.9% |
| |
|
|