| CRSP latest price $92.3500 (1.13%) ($90.2700 - $92.5900) on Fri. Jul. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.98% (three month average) |
RSI | 75 |
Latest Price | $92.3500(1.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CRSP advances 0.6% a day on average for past five trading days. |
Weekly Trend | CRSP advances 8.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CRSP advance at 0% a week (0% probability) IBB(63%) ARKG(60%) IWO(57%) ARKK(56%) IPO(56%) |
Factors Impacting CRSP price | CRSP will decline at least -1.99% in a week (0% probabilities). VIXM(-25%) UUP(-13%) VXX(-12%) TBT(-6%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.99% (StdDev 3.98%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
| |
|
|