| CCIV latest price $16.7200 (18.16%) ($14.5000 - $17.1200) on Wed. Jan. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.59% (three month average) |
RSI | 98 |
Latest Price | $16.7200(18.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCIV advances 11.8% a day on average for past five trading days. |
Weekly Trend | CCIV advances 15% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off 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 -2.295% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.295% (StdDev 4.59%) |
Hourly BBV | 0 () |
Intraday Trend | 10.7% |
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