| SOL latest price $16.8300 (14.33%) ($15.1400 - $18.2900) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.52% (three month average) |
RSI | 77 |
Latest Price | $16.8300(14.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOL advances 7.3% a day on average for past five trading days. |
Weekly Trend | SOL advances 26.3% 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 SOL advance at 0% a week (0% probability) ACES(71%) TAN(71%) ICLN(69%) ARKK(53%) ARKG(51%) |
Factors Impacting SOL price | SOL will decline at least -6.26% in a week (0% probabilities). VXX(-30%) VIXM(-28%) UUP(-17%) XLP(-10%) UNG(-6%) |
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 | -6.26% (StdDev 12.52%) |
Hourly BBV | 0 () |
Intraday Trend | 10.8% |
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