| CBAY latest price $12.8800 (1.02%) ($11.7500 - $12.9700) on Thu. May. 9, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.41% (three month average) |
RSI | 63 |
Latest Price | $12.8800(1.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CBAY advances 0.7% a day on average for past five trading days. |
Weekly Trend | CBAY advances 1.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support CBAY advance at 0% a week (0% probability) XBI(11%) ARKG(10%) IBB(10%) ARKK(9%) IWC(8%) |
Factors Impacting CBAY price | CBAY will decline at least -1.705% in a week (0% probabilities). VIXM(-7%) SHY(-6%) GDXJ(-6%) BNDX(-6%) SIL(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.705% (StdDev 3.41%) |
Hourly BBV | 0 () |
Intraday Trend | 2.6% |
| |
|
|