| CBAT latest price $6.5900 (2.01%) ($6.5000 - $7.4800) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 20.05% (three month average) |
RSI | 50 |
Latest Price | $6.5900(2.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CBAT advances 6.4% a day on average for past five trading days. |
Weekly Trend | CBAT declines -2.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support CBAT advance at 0% a week (0% probability) LQD(29%) GDXJ(16%) GDX(14%) PCY(12%) GLD(11%) |
Factors Impacting CBAT price | CBAT will decline at least -10.025% in a week (0% probabilities). URA(-40%) TBT(-29%) XLK(-25%) EWP(-23%) EWY(-22%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -10.025% (StdDev 20.05%) |
Hourly BBV | 0 () |
Intraday Trend | -6.3% |
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