| DISCA latest price $22.0200 (1.1%) ($21.4900 - $22.1200) on Thu. Jul. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.68% (three month average) |
RSI | 54 |
Latest Price | $22.0200(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DISCA advances 2.7% a day on average for past five trading days. |
Weekly Trend | DISCA advances 0.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support DISCA advance at 0% a week (0% probability) PEJ(52%) IWN(41%) JETS(38%) IWC(37%) SDY(37%) |
Factors Impacting DISCA price | DISCA will decline at least -1.84% in a week (0% probabilities). TLT(-24%) VXX(-17%) BND(-17%) VIXM(-16%) TIP(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.84% (StdDev 3.68%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
| |
|
|