| GOOS latest price $33.9700 (-3.08%) ($33.7000 - $35.3700) on Wed. Nov. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 41 |
Latest Price | $33.9700(-3.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 0.6% a day on average for past five trading days. |
Weekly Trend | GOOS declines -0.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support GOOS advance at 0% a week (0% probability) IWM(59%) IWO(59%) DRIV(57%) IBUY(57%) IWC(55%) |
Factors Impacting GOOS price | GOOS will decline at least -1.39% in a week (0% probabilities). VIXM(-37%) UUP(-27%) VXX(-12%) EDOC(-6%) TBT(-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 | -1.39% (StdDev 2.78%) |
Hourly BBV | 0 () |
Intraday Trend | -3.7% |
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