| GOOS latest price $21.0200 (3.09%) ($20.0200 - $21.3000) on Thu. May. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.75% (three month average) |
RSI | 40 |
Latest Price | $21.0200(3.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 0.3% a day on average for past five trading days. |
Weekly Trend | GOOS declines -5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support GOOS advance at 0% a week (0% probability) IWM(59%) IWO(58%) PEJ(56%) IBUY(55%) IWC(55%) |
Factors Impacting GOOS price | GOOS will decline at least -2.875% in a week (0% probabilities). VIXM(-38%) UUP(-27%) VXX(-14%) TLT(-2%) IGOV(-2%) |
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 | -2.875% (StdDev 5.75%) |
Hourly BBV | 0 () |
Intraday Trend | 3.4% |
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