| CBAT latest price $6.8250 (-5.99%) ($6.8250 - $6.8250) on Wed. Jan. 13, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 15.73% (three month average) |
RSI | 55 |
Latest Price | $6.8250(-5.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CBAT advances 1.1% a day on average for past five trading days. |
Weekly Trend | CBAT advances 11.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CBAT advance at 0% a week (0% probability) ICLN(49%) ACES(48%) TAN(40%) ARKG(36%) DRIV(36%) |
Factors Impacting CBAT price | CBAT will decline at least -7.865% in a week (0% probabilities). TLT(-25%) VIXM(-21%) SLV(-7%) SIL(-5%) URA(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -7.865% (StdDev 15.73%) |
Hourly BBV | -1.7 () |
Intraday Trend | 0% |
| |
|
|