| BLOK latest price $16.9200 (3.3%) ($16.2140 - $16.9400) on Wed. Nov. 30, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 60 |
Latest Price | $16.9200(3.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | BLOK advances 0.7% a day on average for past five trading days. |
Weekly Trend | BLOK declines -1.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BLOK advance at 0% a week (0% probability) BND(21%) EWJ(19%) GLD(18%) EDOC(16%) IBB(16%) |
Factors Impacting BLOK price | BLOK will decline at least -1.425% in a week (0% probabilities). UUP(-12%) VIXM(-10%) UNG(-7%) VXX(-6%) TBT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.425% (StdDev 2.85%) |
Hourly BBV | 3.2 () |
Intraday Trend | 2.8% |
| |
|
|