| BLOK latest price $18.8900 (2.5%) ($18.5500 - $18.9400) on Tue. Jan. 31, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.57% (three month average) |
RSI | 72 |
Latest Price | $18.8900(2.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | BLOK advances 0.2% a day on average for past five trading days. |
Weekly Trend | BLOK advances 3.6% 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) ARKK(73%) ARKG(58%) BOTZ(58%) ACES(51%) IVE(32%) |
Factors Impacting BLOK price | BLOK will decline at least -1.285% in a week (0% probabilities). VIXM(-16%) VXX(-11%) TBT(-9%) UUP(-5%) VCSH(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.285% (StdDev 2.57%) |
Hourly BBV | 0.2 () |
Intraday Trend | 1.6% |
| |
|
|