| CCIV latest price $17.3600 (3.83%) ($16.1000 - $20.1400) on Thu. Jan. 14, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.6% (three month average) |
RSI | 98 |
Latest Price | $17.3600(3.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCIV advances 11.4% a day on average for past five trading days. |
Weekly Trend | CCIV advances 22.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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 -2.3% 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 | -2.3% (StdDev 4.6%) |
Hourly BBV | 0 () |
Intraday Trend | -7.2% |
| |
|
|