| RUN latest price $16.4950 (-0.81%) ($16.4950 - $16.4950) on Wed. May. 24, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.15% (three month average) |
RSI | 49 |
Latest Price | $16.4950(-0.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RUN advances 0.4% a day on average for past five trading days. |
Weekly Trend | RUN declines -3.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support RUN advance at 0% a week (0% probability) TAN(87%) ICLN(84%) IWM(69%) IWN(69%) IWO(67%) |
Factors Impacting RUN price | RUN will decline at least -2.575% in a week (0% probabilities). TBT(-35%) VIXM(-33%) VXX(-32%) UUP(-21%) IGOV(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.575% (StdDev 5.15%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
| |
|
|