| CCIV latest price $32.8700 (-1.32%) ($30.0000 - $34.4900) on Wed. Feb. 10, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.32% (three month average) |
RSI | 78 |
Latest Price | $32.8700(-1.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCIV advances 2.1% a day on average for past five trading days. |
Weekly Trend | CCIV advances 22% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support CCIV advance at 0% a week (0% probability) EDOC(42%) ARKK(41%) IBUY(41%) ARKG(39%) ONLN(36%) |
Factors Impacting CCIV price | CCIV will decline at least -3.66% in a week (0% probabilities). UUP(-11%) VXX(-17%) XLU(-9%) XLP(-5%) VIXM(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.66% (StdDev 7.32%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
| |
|
|