| DRIP latest price $86.9600 (3.86%) ($78.6200 - $91.1900) on Tue. Aug. 6, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.73% (three month average) |
RSI | 68 |
Latest Price | $86.9600(3.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DRIP advances 7.5% a day on average for past five trading days. |
Weekly Trend | DRIP advances 9% 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 DRIP advance at 0% a week (0% probability) VIXM(10%) TLT(7%) VXX(5%) UUP(3%) IFRA(2%) |
Factors Impacting DRIP price | DRIP will decline at least -3.365% in a week (0% probabilities). OIH(-25%) XOP(-24%) XLE(-23%) USO(-21%) XME(-18%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.365% (StdDev 6.73%) |
Hourly BBV | 0 () |
Intraday Trend | 7.4% |
| |
|
|