| MAXN latest price $16.8200 (-0.71%) ($16.7400 - $18.9500) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.32% (three month average) |
RSI | 42 |
Latest Price | $16.8200(-0.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAXN advances 0.2% a day on average for past five trading days. |
Weekly Trend | MAXN declines -4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MAXN advance at 0% a week (0% probability) ICLN(61%) TAN(58%) ACES(52%) IWO(48%) IWC(44%) |
Factors Impacting MAXN price | MAXN will decline at least -3.16% in a week (0% probabilities). VIXM(-20%) UUP(-15%) TBT(-9%) VXX(-5%) IGOV(-5%) |
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 | -3.16% (StdDev 6.32%) |
Hourly BBV | 0 () |
Intraday Trend | -7.2% |
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