| ARLO latest price $6.9000 (0.88%) ($6.8000 - $6.9500) on Fri. Oct. 29, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 70 |
Latest Price | $6.9000(0.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARLO advances 1.2% a day on average for past five trading days. |
Weekly Trend | ARLO advances 2.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ARLO advance at 0% a week (0% probability) IWM(63%) IWN(62%) IWO(62%) IWC(61%) FIVG(60%) |
Factors Impacting ARLO price | ARLO will decline at least -1.065% in a week (0% probabilities). VIXM(-52%) VXX(-43%) UUP(-25%) TLT(-15%) SHY(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -1.065% (StdDev 2.13%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.3% |
| |
|
|