| DISCA latest price $53.0300 (3.33%) ($51.1200 - $53.5300) on Fri. Feb. 26, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.76% (three month average) |
RSI | 80 |
Latest Price | $53.0300(3.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DISCA advances 0.9% a day on average for past five trading days. |
Weekly Trend | DISCA advances 9.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support DISCA advance at 0% a week (0% probability) PEJ(49%) JETS(34%) IWN(33%) IVE(32%) IWC(32%) |
Factors Impacting DISCA price | DISCA will decline at least -1.38% in a week (0% probabilities). TLT(-23%) VIXM(-21%) VXX(-19%) BND(-15%) TIP(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.38% (StdDev 2.76%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
| |
|
|