| COIN latest price $61.0300 (7.41%) ($61.0300 - $61.0300) on Tue. May. 30, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.74% (three month average) |
RSI | 53 |
Latest Price | $61.0300(7.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | COIN advances 0.1% a day on average for past five trading days. |
Weekly Trend | COIN declines -1.4% 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 COIN advance at 0% a week (0% probability) BLOK(79%) ARKK(60%) BOTZ(37%) ACES(35%) ARKG(35%) |
Factors Impacting COIN price | COIN will decline at least -2.87% in a week (0% probabilities). TBT(-14%) URA(-13%) FXI(-13%) SMH(-12%) MCHI(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.87% (StdDev 5.74%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|