| OSTK latest price $54.2850 (1.28%) ($54.2850 - $54.2850) on Wed. Jan. 6, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.8% (three month average) |
RSI | 41 |
Latest Price | $54.2850(1.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OSTK advances 1.1% a day on average for past five trading days. |
Weekly Trend | OSTK declines -10.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support OSTK advance at 0% a week (0% probability) IBUY(62%) ONLN(60%) IWO(55%) IWC(53%) IWM(52%) |
Factors Impacting OSTK price | OSTK will decline at least -2.9% in a week (0% probabilities). VIXM(-24%) UUP(-17%) VXX(-9%) TLT(-1%) TBT(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.9% (StdDev 5.8%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
| |
|
|