(Rocket Cos. Inc. )
| RKT latest price $21.0600 (-2.5%) ($20.5600 - $21.7100) on Wed. Nov. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.84% (three month average) |
RSI | 55 |
Latest Price | $21.0600(-2.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RKT advances 0.4% a day on average for past five trading days. |
Weekly Trend | RKT advances 4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support RKT advance at 0% a week (0% probability) IBUY(35%) BOTZ(34%) SKYY(34%) ARKK(33%) ONLN(33%) |
Factors Impacting RKT price | RKT will decline at least -2.42% in a week (0% probabilities). VXX(-19%) VIXM(-19%) UUP(-18%) TBT(-13%) EDOC(-9%) |
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 | -2.42% (StdDev 4.84%) |
Hourly BBV | -0.4 () |
Intraday Trend | -2.5% |
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