(Rocket Cos. Inc. )
| RKT latest price $16.1600 (-0.92%) ($16.1100 - $16.4400) on Fri. Dec. 10, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.04% (three month average) |
RSI | 65 |
Latest Price | $16.1600(-0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RKT advances 0.6% a day on average for past five trading days. |
Weekly Trend | RKT advances 2.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support RKT advance at 0% a week (0% probability) XHB(68%) IWM(66%) BOTZ(65%) SPY(65%) XLY(65%) |
Factors Impacting RKT price | RKT will decline at least -1.02% in a week (0% probabilities). VIXM(-55%) VXX(-41%) UUP(-33%) TBT(-20%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.02% (StdDev 2.04%) |
Hourly BBV | -1.4 () |
Intraday Trend | -0.8% |
| |
|
|