(Rocket Cos. Inc. )
| RKT latest price $21.6000 (0.7%) ($20.8000 - $22.2900) on Tue. Nov. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.88% (three month average) |
RSI | 60 |
Latest Price | $21.6000(0.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RKT advances 2.2% a day on average for past five trading days. |
Weekly Trend | RKT advances 3.2% 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 RKT advance at 0% a week (0% probability) IBUY(35%) BOTZ(34%) SKYY(34%) ARKK(33%) ONLN(33%) |
Factors Impacting RKT price | RKT will decline at least -2.44% in a week (0% probabilities). VXX(-19%) VIXM(-19%) UUP(-18%) TBT(-13%) EDOC(-9%) |
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 | -2.44% (StdDev 4.88%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0.2% |
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