| COIN latest price $57.2100 (-1.4%) ($57.2100 - $57.2100) on Thu. Jun. 22, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.1% (three month average) |
RSI | 39 |
Latest Price | $57.2100(-1.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | COIN advances 1.3% a day on average for past five trading days. |
Weekly Trend | COIN declines -0.9% 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 COIN advance at 0% a week (0% probability) BLOK(83%) ARKK(66%) BOTZ(45%) ARKG(39%) ACES(38%) |
Factors Impacting COIN price | COIN will decline at least -2.55% in a week (0% probabilities). TBT(-16%) URA(-15%) FXI(-14%) MCHI(-12%) KWEB(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.55% (StdDev 5.1%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|