| OTRK latest price $12.2600 (-1.25%) ($11.9200 - $12.2600) on Fri. Sep. 3, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.93% (three month average) |
RSI | 18 |
Latest Price | $12.2600(-1.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OTRK advances 1.4% a day on average for past five trading days. |
Weekly Trend | OTRK declines -17.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support OTRK advance at 0% a week (0% probability) ARKG(58%) ARKK(58%) IBUY(58%) ONLN(54%) XBI(54%) |
Factors Impacting OTRK price | OTRK will decline at least -3.465% in a week (0% probabilities). VIXM(-37%) VXX(-26%) UNG(-8%) IGOV(-7%) TLT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.465% (StdDev 6.93%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
| |
|
|