| OSTK latest price $95.7500 (-7.6%) ($94.3500 - $109.8400) on Mon. Aug. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.66% (three month average) |
RSI | 86 |
Latest Price | $95.7500(-7.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OSTK advances 2.8% a day on average for past five trading days. |
Weekly Trend | OSTK advances 31.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support OSTK advance at 0% a week (0% probability) IBUY(62%) ONLN(60%) IWO(53%) IWC(50%) XRT(49%) |
Factors Impacting OSTK price | OSTK will decline at least -3.83% in a week (0% probabilities). VIXM(-20%) UUP(-18%) VXX(-9%) IYT(-4%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.83% (StdDev 7.66%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0% |
| |
|
|