(GreenPower Motor Company Inc. )
| GP latest price $12.8900 (3.12%) ($12.1100 - $13.0000) on Wed. Oct. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.05% (three month average) |
RSI | 45 |
Latest Price | $12.8900(3.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GP advances 1.4% a day on average for past five trading days. |
Weekly Trend | GP declines -0.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GP advance at 0% a week (0% probability) ACES(53%) ICLN(49%) TAN(49%) ARKK(46%) IBUY(46%) |
Factors Impacting GP price | GP will decline at least -3.525% in a week (0% probabilities). VXX(-31%) VIXM(-28%) UUP(-12%) SHY(-5%) DRIV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.525% (StdDev 7.05%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
| |
|
|