| CBAY latest price $5.9350 (3.13%) ($5.9350 - $5.9350) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.92% (three month average) |
RSI | 22 |
Latest Price | $5.9350(3.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CBAY advances 1% a day on average for past five trading days. |
Weekly Trend | CBAY declines -8.9% 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) ACES(42%) IWO(40%) IWM(38%) TAN(35%) IBUY(33%) |
Factors Impacting CBAY price | CBAY will decline at least -1.46% in a week (0% probabilities). VIXM(-64%) GLD(-25%) VXX(-24%) SLV(-14%) FXI(-9%) |
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 | -1.46% (StdDev 2.92%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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