| CBAY latest price $6.2600 (9.25%) ($5.6700 - $6.3000) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 17.17% (three month average) |
RSI | 72 |
Latest Price | $6.2600(9.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CBAY advances 10.9% a day on average for past five trading days. |
Weekly Trend | CBAY advances 22.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CBAY advance at 0% a week (0% probability) UUP(8%) XLC(8%) EDOC(7%) IGOV(5%) IYT(5%) |
Factors Impacting CBAY price | CBAY will decline at least -8.585% in a week (0% probabilities). USO(-25%) QQQ(-22%) XHB(-21%) IWF(-21%) IVW(-21%) |
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 | -8.585% (StdDev 17.17%) |
Hourly BBV | 0 () |
Intraday Trend | 10.2% |
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