| OTRK latest price $28.1600 (4.53%) ($27.1400 - $28.3700) on Wed. Jul. 15, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.64% (three month average) |
RSI | 79 |
Latest Price | $28.1600(4.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OTRK advances 0.3% a day on average for past five trading days. |
Weekly Trend | OTRK advances 11.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support OTRK advance at 0% a week (0% probability) XBI(39%) ARKG(38%) IBUY(38%) ARKK(37%) ONLN(36%) |
Factors Impacting OTRK price | OTRK will decline at least -2.82% in a week (0% probabilities). VXX(-13%) VIXM(-12%) UUP(-4%) TBT(-4%) IYT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.82% (StdDev 5.64%) |
Hourly BBV | 0 () |
Intraday Trend | 3.6% |
| |
|
|