| GOOS latest price $21.5900 (4.15%) ($20.7600 - $21.8700) on Tue. Jun. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.8% (three month average) |
RSI | 47 |
Latest Price | $21.5900(4.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 0.8% a day on average for past five trading days. |
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(59%) PEJ(56%) IBUY(55%) IWC(55%) |
Factors Impacting GOOS price | GOOS will decline at least -2.9% in a week (0% probabilities). VIXM(-37%) UUP(-26%) VXX(-14%) IGOV(-2%) TLT(-1%) |
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 | -2.9% (StdDev 5.8%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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