| CRTX latest price $53.4200 (2.02%) ($52.4250 - $54.9842) on Wed. Sep. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.19% (three month average) |
RSI | 80 |
Latest Price | $53.4200(2.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CRTX advances 2.5% a day on average for past five trading days. |
Weekly Trend | CRTX advances 8.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CRTX advance at 0% a week (0% probability) IBB(35%) XBI(35%) ARKG(31%) IWO(30%) ARKK(29%) |
Factors Impacting CRTX price | CRTX will decline at least -1.595% in a week (0% probabilities). VIXM(-17%) VXX(-16%) UUP(-8%) UNG(-3%) TLT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.595% (StdDev 3.19%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|