| OTRK latest price $80.3800 (16.49%) ($70.4250 - $80.5000) on Wed. Sep. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.72% (three month average) |
RSI | 68 |
Latest Price | $80.3800(16.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OTRK advances 2% a day on average for past five trading days. |
Weekly Trend | OTRK advances 3.4% 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(42%) ARKG(41%) ARKK(41%) IBUY(40%) ONLN(39%) |
Factors Impacting OTRK price | OTRK will decline at least -3.86% in a week (0% probabilities). VXX(-13%) VIXM(-13%) DRIV(-5%) UUP(-4%) TBT(-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 | -3.86% (StdDev 7.72%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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