| CBAY latest price $8.4550 (2.48%) ($8.1700 - $8.7100) on Mon. Oct. 19, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.46% (three month average) |
RSI | 75 |
Latest Price | $8.4550(2.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CBAY advances 1.4% a day on average for past five trading days. |
Weekly Trend | CBAY advances 5.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CBAY advance at 0% a week (0% probability) XBI(36%) IWO(33%) ARKG(31%) VFMO(29%) IBB(28%) |
Factors Impacting CBAY price | CBAY will decline at least -3.73% in a week (0% probabilities). VIXM(-24%) VXX(-13%) IGOV(-11%) GLD(-11%) VCSH(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -3.73% (StdDev 7.46%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
| |
|
|