| CCIV latest price $14.1500 (7.2%) ($13.0000 - $15.6300) on Tue. Jan. 12, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.04% (three month average) |
RSI | 97 |
Latest Price | $14.1500(7.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCIV advances 7.7% a day on average for past five trading days. |
Weekly Trend | CCIV advances 7.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CCIV advance at 0% a week (0% probability) EDOC(40%) IBUY(37%) ARKG(34%) ARKK(34%) ONLN(34%) |
Factors Impacting CCIV price | CCIV will decline at least -2.02% in a week (0% probabilities). VXX(-15%) TBT(-8%) XRT(-5%) XLP(-5%) UUP(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.02% (StdDev 4.04%) |
Hourly BBV | 0 () |
Intraday Trend | -5.6% |
| |
|
|