| AVXL latest price $8.6900 (-7.55%) ($8.6900 - $8.6900) on Wed. May. 18, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.91% (three month average) |
RSI | 49 |
Latest Price | $8.6900(-7.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AVXL advances 3.2% a day on average for past five trading days. |
Weekly Trend | AVXL declines -2.4% 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 AVXL advance at 0% a week (0% probability) XBI(83%) IBB(82%) ARKG(81%) ARKK(70%) IWO(67%) |
Factors Impacting AVXL price | AVXL will decline at least -2.455% in a week (0% probabilities). VIXM(-66%) VXX(-59%) UUP(-15%) UNG(-10%) USO(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.455% (StdDev 4.91%) |
Hourly BBV | -1.7 () |
Intraday Trend | 0% |
| |
|
|