| ARLO latest price $7.9100 (-2.94%) ($7.8300 - $8.1600) on Thu. Nov. 18, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.57% (three month average) |
RSI | 70 |
Latest Price | $7.9100(-2.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARLO advances 0.3% a day on average for past five trading days. |
Weekly Trend | ARLO advances 8% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ARLO advance at 0% a week (0% probability) IWM(64%) IWN(63%) IWC(62%) IWO(62%) FIVG(61%) |
Factors Impacting ARLO price | ARLO will decline at least -1.285% in a week (0% probabilities). VIXM(-53%) VXX(-44%) UUP(-25%) TLT(-15%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -1.285% (StdDev 2.57%) |
Hourly BBV | -1.3 () |
Intraday Trend | -2.9% |
| |
|
|