| PINS latest price $27.8500 (-3.83%) ($27.1200 - $29.1000) on Wed. Aug. 2, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 47 |
Latest Price | $27.8500(-3.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PINS advances 0.1% a day on average for past five trading days. |
Weekly Trend | PINS declines -1.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PINS advance at 0% a week (0% probability) SKYY(52%) EWI(49%) ARKK(48%) BOTZ(48%) VUG(47%) |
Factors Impacting PINS price | PINS will decline at least -1.13% in a week (0% probabilities). VIXM(-48%) VXX(-47%) UUP(-12%) USO(-11%) TBT(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.13% (StdDev 2.26%) |
Hourly BBV | -1.1 () |
Intraday Trend | -2.2% |
| |
|
|