| YANG latest price $32.5450 (-3.4%) ($32.1700 - $33.7700) on Fri. Jun. 12, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.84% (three month average) |
RSI | 29 |
Latest Price | $32.5450(-3.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | YANG advances 1.5% a day on average for past five trading days. |
Weekly Trend | YANG declines -10.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support YANG advance at 0% a week (0% probability) VIXM(36%) UUP(31%) VXX(16%) TBT(3%) IYT(-1%) |
Factors Impacting YANG price | YANG will decline at least -3.92% in a week (0% probabilities). VWO(-87%) MCHI(-77%) FXI(-77%) KWEB(-75%) EEM(-68%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.92% (StdDev 7.84%) |
Hourly BBV | 0.5 () |
Intraday Trend | 1% |
| |
|
|