| OTRK latest price $34.7300 (0.64%) ($33.5000 - $36.9400) on Thu. Jul. 23, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.4% (three month average) |
RSI | 85 |
Latest Price | $34.7300(0.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OTRK advances 3.1% a day on average for past five trading days. |
Weekly Trend | OTRK advances 10.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support OTRK advance at 0% a week (0% probability) ARKG(38%) IBUY(38%) XBI(38%) ARKK(37%) ONLN(36%) |
Factors Impacting OTRK price | OTRK will decline at least -2.7% 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 | -2.7% (StdDev 5.4%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
| |
|
|