| COST latest price $310.1900 (1.4%) ($305.0000 - $311.8300) on Mon. May. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.16% (three month average) |
RSI | 60 |
Latest Price | $310.1900(1.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | COST advances 0.4% a day on average for past five trading days. |
Weekly Trend | COST advances 0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support COST advance at 0% a week (0% probability) IVW(59%) IWF(58%) QQQ(57%) SPY(57%) SPLV(53%) |
Factors Impacting COST price | COST will decline at least -1.58% in a week (0% probabilities). VIXM(-31%) UUP(-17%) VXX(-8%) TBT(-7%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.58% (StdDev 3.16%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
| |
|
|