| OPEN latest price $16.3350 (0.12%) ($16.3350 - $16.3350) on Thu. Jun. 3, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.83% (three month average) |
RSI | 68 |
Latest Price | $16.3350(0.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OPEN advances 0.8% a day on average for past five trading days. |
Weekly Trend | OPEN advances 3.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support OPEN advance at 0% a week (0% probability) IBUY(71%) ARKK(70%) IPO(70%) SKYY(70%) IWO(68%) |
Factors Impacting OPEN price | OPEN will decline at least -2.915% in a week (0% probabilities). VIXM(-49%) VXX(-36%) UUP(-14%) TLT(-7%) GLD(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.915% (StdDev 5.83%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
| |
|
|