(Rocket Cos. Inc. )
| RKT latest price $10.8000 (2.96%) ($10.4200 - $10.8350) on Fri. Aug. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.56% (three month average) |
RSI | 65 |
Latest Price | $10.8000(2.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RKT advances 1.7% a day on average for past five trading days. |
Weekly Trend | RKT advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support RKT advance at 0% a week (0% probability) IWF(99%) IVW(99%) XLC(98%) VUG(97%) XAR(97%) |
Factors Impacting RKT price | RKT will decline at least -1.78% in a week (0% probabilities). USO(-7%) XOP(19%) EDOC(26%) SHY(32%) URA(34%) |
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 | -1.78% (StdDev 3.56%) |
Hourly BBV | 0.4 () |
Intraday Trend | 2.9% |
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