| MAXN latest price $35.3200 (-4%) ($35.2600 - $37.1000) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.58% (three month average) |
RSI | 70 |
Latest Price | $35.3200(-4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAXN advances 5.2% a day on average for past five trading days. |
Weekly Trend | MAXN advances 10.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MAXN advance at 0% a week (0% probability) ICLN(62%) TAN(59%) ACES(53%) IWO(48%) DRIV(44%) |
Factors Impacting MAXN price | MAXN will decline at least -3.29% in a week (0% probabilities). VIXM(-21%) UUP(-14%) TBT(-10%) VXX(-5%) UNG(-4%) |
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 | -3.29% (StdDev 6.58%) |
Hourly BBV | 0 () |
Intraday Trend | -4% |
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