| WIMI latest price $8.7000 (-9.56%) ($8.5000 - $9.5000) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 36.8% (three month average) |
RSI | 35 |
Latest Price | $8.7000(-9.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WIMI advances 4.9% a day on average for past five trading days. |
Weekly Trend | WIMI declines -18.2% 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 WIMI advance at 0% a week (0% probability) REMX(44%) ACES(37%) VFMO(37%) IBUY(36%) IWO(36%) |
Factors Impacting WIMI price | WIMI will decline at least -18.4% in a week (0% probabilities). VXX(-25%) UUP(-20%) VIXM(-17%) TLT(-4%) XLU(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -18.4% (StdDev 36.8%) |
Hourly BBV | 0 () |
Intraday Trend | -7% |
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