| GOOS latest price $28.6100 (1.49%) ($27.8800 - $28.7300) on Tue. Sep. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.6% (three month average) |
RSI | 70 |
Latest Price | $28.6100(1.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 0.7% a day on average for past five trading days. |
Weekly Trend | GOOS advances 6.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support GOOS advance at 0% a week (0% probability) IWO(59%) IWM(58%) IBUY(57%) IWC(55%) PEJ(55%) |
Factors Impacting GOOS price | GOOS will decline at least -1.3% in a week (0% probabilities). VIXM(-37%) UUP(-27%) VXX(-12%) EDOC(-4%) IGOV(-3%) |
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 | -1.3% (StdDev 2.6%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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