| OPEN latest price $16.4000 (0.4%) ($16.4000 - $16.4000) on Fri. Jun. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.5% (three month average) |
RSI | 62 |
Latest Price | $16.4000(0.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OPEN advances 0.7% a day on average for past five trading days. |
Weekly Trend | OPEN advances 3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support OPEN advance at 0% a week (0% probability) ARKK(71%) IBUY(71%) IPO(70%) SKYY(70%) IWO(68%) |
Factors Impacting OPEN price | OPEN will decline at least -2.75% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.75% (StdDev 5.5%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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