| GOOS latest price $18.9500 (2.21%) ($18.3200 - $19.3000) on Thu. Jan. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 44 |
Latest Price | $18.9500(2.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GOOS advances 2.4% a day on average for past five trading days. |
Weekly Trend | GOOS declines -0.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support GOOS advance at 0% a week (0% probability) DIA(41%) ICLN(39%) OIH(39%) PEJ(39%) IWM(37%) |
Factors Impacting GOOS price | GOOS will decline at least -1.75% in a week (0% probabilities). BNDX(-28%) TBT(-16%) SHY(-16%) BOTZ(-13%) UUP(-12%) |
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 | -1.75% (StdDev 3.5%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
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