| OTRK latest price $65.5200 (4.3%) ($60.0800 - $68.6500) on Fri. Oct. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.02% (three month average) |
RSI | 40 |
Latest Price | $65.5200(4.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OTRK advances 0.5% a day on average for past five trading days. |
Weekly Trend | OTRK declines -3.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Rotation from growth to value 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 -4.01% in a week (0% probabilities). VIXM(-13%) VXX(-12%) DRIV(-6%) XLP(-4%) UUP(-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 | -4.01% (StdDev 8.02%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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