| AVRO latest price $16.1400 (2.93%) ($15.6944 - $16.7000) on Mon. Oct. 19, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.89% (three month average) |
RSI | 70 |
Latest Price | $16.1400(2.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AVRO advances 1.3% a day on average for past five trading days. |
Weekly Trend | AVRO advances 8.5% 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 AVRO advance at 0% a week (0% probability) XBI(54%) IBB(45%) IWO(45%) IWC(43%) ARKG(42%) |
Factors Impacting AVRO price | AVRO will decline at least -1.945% in a week (0% probabilities). VIXM(-27%) VXX(-25%) TLT(-10%) UUP(-9%) UNG(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.945% (StdDev 3.89%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
| |
|
|