| COST latest price $381.4400 (1.25%) ($379.1200 - $384.8700) on Fri. Oct. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.1% (three month average) |
RSI | 84 |
Latest Price | $381.4400(1.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | COST advances 0.6% a day on average for past five trading days. |
Weekly Trend | COST advances 3.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support COST advance at 0% a week (0% probability) IVW(59%) IWF(58%) SPY(58%) QQQ(57%) SPLV(54%) |
Factors Impacting COST price | COST will decline at least -0.55% in a week (0% probabilities). VIXM(-31%) UUP(-17%) TBT(-9%) VXX(-7%) EDOC(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.55% (StdDev 1.1%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
| |
|
|