| THCB latest price $15.3550 (5.24%) ($15.3550 - $15.3550) on Fri. Mar. 12, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.43% (three month average) |
RSI | 42 |
Latest Price | $15.3550(5.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | THCB advances 2.4% a day on average for past five trading days. |
Weekly Trend | THCB declines -9.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support THCB advance at 0% a week (0% probability) ACES(46%) IWC(46%) IWO(45%) ARKG(44%) EDOC(43%) |
Factors Impacting THCB price | THCB will decline at least -4.715% in a week (0% probabilities). UUP(-25%) VIXM(-19%) VXX(-15%) XLU(-5%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.715% (StdDev 9.43%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|