| PASG latest price $15.4500 (-1.65%) ($15.1100 - $16.2200) on Fri. Sep. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.79% (three month average) |
RSI | 56 |
Latest Price | $15.4500(-1.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PASG advances 0.4% a day on average for past five trading days. |
Weekly Trend | PASG advances 1.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support PASG advance at 0% a week (0% probability) XBI(54%) ARKG(48%) IWO(48%) ARKK(47%) IBB(46%) |
Factors Impacting PASG price | PASG will decline at least -2.895% in a week (0% probabilities). VXX(-30%) VIXM(-30%) UUP(-19%) TLT(-6%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.895% (StdDev 5.79%) |
Hourly BBV | 0 () |
Intraday Trend | -1.8% |
| |
|
|