| RUN latest price $15.4650 (2.05%) ($15.4650 - $15.4650) on Wed. Aug. 30, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.12% (three month average) |
RSI | 36 |
Latest Price | $15.4650(2.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RUN advances 2.1% a day on average for past five trading days. |
Weekly Trend | RUN declines -5.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support RUN advance at 0% a week (0% probability) TAN(92%) ICLN(88%) ACES(84%) IWN(77%) IWM(75%) |
Factors Impacting RUN price | RUN will decline at least -2.06% in a week (0% probabilities). TBT(-41%) VIXM(-29%) VXX(-28%) UUP(-20%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.06% (StdDev 4.12%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
| |
|
|