| WIMI latest price $10.7100 (5.62%) ($10.7100 - $10.7100) on Fri. Feb. 19, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.4% (three month average) |
RSI | 72 |
Latest Price | $10.7100(5.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WIMI advances 0.8% a day on average for past five trading days. |
Weekly Trend | WIMI advances 10.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support WIMI advance at 0% a week (0% probability) REMX(58%) LIT(53%) DRIV(48%) ACES(46%) IWO(46%) |
Factors Impacting WIMI price | WIMI will decline at least -3.2% in a week (0% probabilities). TLT(-26%) UUP(-21%) BND(-17%) VXX(-16%) VIXM(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.2% (StdDev 6.4%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
| |
|
|