| SOL latest price $18.0100 (7.01%) ($16.0200 - $23.2000) on Thu. Jan. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.98% (three month average) |
RSI | 79 |
Latest Price | $18.0100(7.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOL advances 9.3% a day on average for past five trading days. |
Weekly Trend | SOL advances 28.4% 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 SOL advance at 0% a week (0% probability) ACES(74%) TAN(73%) ICLN(71%) ARKK(56%) ARKG(53%) |
Factors Impacting SOL price | SOL will decline at least -5.99% in a week (0% probabilities). VXX(-31%) VIXM(-29%) UUP(-17%) XLP(-12%) XLU(-5%) |
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 | -5.99% (StdDev 11.98%) |
Hourly BBV | 0 () |
Intraday Trend | -5.3% |
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