| GOOS latest price $19.8900 (-2.02%) ($19.7750 - $20.8300) on Tue. Mar. 31, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.95% (three month average) |
RSI | 51 |
Latest Price | $19.8900(-2.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 1.2% a day on average for past five trading days. |
Weekly Trend | GOOS advances 9.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support GOOS advance at 0% a week (0% probability) IWM(62%) IWO(62%) IWC(59%) PEJ(59%) IWN(58%) |
Factors Impacting GOOS price | GOOS will decline at least -2.475% in a week (0% probabilities). VIXM(-40%) UUP(-28%) VXX(-15%) TLT(-4%) BNDX(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.475% (StdDev 4.95%) |
Hourly BBV | 0 () |
Intraday Trend | -2.2% |
| |
|
|