| OTRK latest price $57.9900 (2.69%) ($55.1400 - $64.3300) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.15% (three month average) |
RSI | 92 |
Latest Price | $57.9900(2.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OTRK advances 9.6% a day on average for past five trading days. |
Weekly Trend | OTRK advances 16.7% 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 OTRK advance at 0% a week (0% probability) XBI(39%) ARKG(38%) ARKK(38%) IBUY(38%) ONLN(36%) |
Factors Impacting OTRK price | OTRK will decline at least -3.575% in a week (0% probabilities). VXX(-12%) VIXM(-12%) TBT(-4%) IYT(-4%) DRIV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.575% (StdDev 7.15%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
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