| CRSP latest price $63.9300 (-3.63%) ($59.9000 - $66.6700) on Wed. May. 27, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.15% (three month average) |
RSI | 70 |
Latest Price | $63.9300(-3.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CRSP advances 0.1% a day on average for past five trading days. |
Weekly Trend | CRSP advances 9.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CRSP advance at 0% a week (0% probability) IBB(63%) ARKG(61%) ARKK(56%) IPO(56%) IWO(56%) |
Factors Impacting CRSP price | CRSP will decline at least -2.575% in a week (0% probabilities). VIXM(-25%) UUP(-13%) VXX(-12%) TBT(-5%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.575% (StdDev 5.15%) |
Hourly BBV | 0 () |
Intraday Trend | -3.9% |
| |
|
|