| OPEN latest price $16.6200 (1.19%) ($16.2450 - $16.6200) on Tue. Jun. 22, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.76% (three month average) |
RSI | 56 |
Latest Price | $16.6200(1.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OPEN advances 0.4% a day on average for past five trading days. |
Weekly Trend | OPEN declines -0.7% a week on average for past two weeks. |
Market Behavior | Growth stock 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%) SKYY(71%) IPO(70%) ARKG(68%) |
Factors Impacting OPEN price | OPEN will decline at least -2.38% 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 | -2.38% (StdDev 4.76%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
| |
|
|