| YANG latest price $25.4600 (2.5%) ($25.4250 - $26.0700) on Fri. Jul. 24, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.91% (three month average) |
RSI | 70 |
Latest Price | $25.4600(2.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | YANG advances 0.7% a day on average for past five trading days. |
Weekly Trend | YANG advances 6.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support YANG advance at 0% a week (0% probability) VIXM(36%) UUP(31%) VXX(16%) TBT(4%) IGOV(2%) |
Factors Impacting YANG price | YANG will decline at least -2.955% in a week (0% probabilities). VWO(-87%) MCHI(-76%) FXI(-76%) KWEB(-75%) EEM(-67%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.955% (StdDev 5.91%) |
Hourly BBV | 1 () |
Intraday Trend | -1.7% |
| |
|
|