| DISCA latest price $24.2700 (1.89%) ($23.8900 - $24.7650) on Wed. Sep. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.47% (three month average) |
RSI | 60 |
Latest Price | $24.2700(1.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DISCA advances 1% a day on average for past five trading days. |
Weekly Trend | DISCA advances 3% 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 DISCA advance at 0% a week (0% probability) PEJ(51%) IWN(40%) IWC(38%) XRT(37%) JETS(36%) |
Factors Impacting DISCA price | DISCA will decline at least -1.235% in a week (0% probabilities). TLT(-24%) VXX(-17%) VIXM(-17%) BND(-16%) TIP(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.235% (StdDev 2.47%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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