| OTRK latest price $37.5600 (4.95%) ($36.0000 - $38.5900) on Mon. Jul. 27, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.33% (three month average) |
RSI | 85 |
Latest Price | $37.5600(4.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OTRK advances 4.3% a day on average for past five trading days. |
Weekly Trend | OTRK advances 13.3% 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 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 -2.665% in a week (0% probabilities). VXX(-12%) 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 | -2.665% (StdDev 5.33%) |
Hourly BBV | 0 () |
Intraday Trend | 3.8% |
| |
|
|