| FTCH latest price $43.8400 (3.2%) ($38.5400 - $44.1100) on Mon. Nov. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.97% (three month average) |
RSI | 84 |
Latest Price | $43.8400(3.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FTCH advances 6.5% a day on average for past five trading days. |
Weekly Trend | FTCH advances 19% 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 FTCH advance at 0% a week (0% probability) IBUY(98%) KWEB(98%) ONLN(82%) ACES(76%) JNK(67%) |
Factors Impacting FTCH price | FTCH will decline at least -1.985% in a week (0% probabilities). VXX(-53%) XLE(-99%) XOP(-68%) INDA(-39%) XLY(-38%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.985% (StdDev 3.97%) |
Hourly BBV | 0 () |
Intraday Trend | 9.2% |
| |
|
|