| THCB latest price $12.3300 (7.4%) ($11.9000 - $13.7500) on Fri. Nov. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 95 |
Latest Price | $12.3300(7.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | THCB advances 3.6% a day on average for past five trading days. |
Weekly Trend | THCB advances 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 THCB advance at 0% a week (0% probability) XRT(23%) IBB(14%) XBI(12%) IWC(12%) ACES(11%) |
Factors Impacting THCB price | THCB will decline at least -0.625% in a week (0% probabilities). INDA(-24%) EWY(-23%) XLP(-19%) JNK(-17%) XLY(-14%) |
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 | -0.625% (StdDev 1.25%) |
Hourly BBV | 0 () |
Intraday Trend | -5.5% |
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