| OPEN latest price $30.0000 (6.53%) ($28.2000 - $31.2700) on Wed. Jan. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.42% (three month average) |
RSI | 64 |
Latest Price | $30.0000(6.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OPEN advances 1.7% a day on average for past five trading days. |
Weekly Trend | OPEN advances 6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support OPEN advance at 0% a week (0% probability) ARKK(70%) IBUY(70%) IPO(69%) SKYY(69%) IWO(68%) |
Factors Impacting OPEN price | OPEN will decline at least -2.71% in a week (0% probabilities). VIXM(-44%) VXX(-37%) UUP(-20%) TLT(-4%) UNG(-2%) |
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 | -2.71% (StdDev 5.42%) |
Hourly BBV | 0 () |
Intraday Trend | 3.3% |
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