| DRIP latest price $72.0600 (-5.07%) ($70.7150 - $81.4900) on Fri. Oct. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.34% (three month average) |
RSI | 61 |
Latest Price | $72.0600(-5.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DRIP advances 0.4% a day on average for past five trading days. |
Weekly Trend | DRIP advances 8.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support DRIP advance at 0% a week (0% probability) TLT(5%) UUP(5%) VIXM(4%) LQD(3%) VXX(3%) |
Factors Impacting DRIP price | DRIP will decline at least -2.67% in a week (0% probabilities). USO(-20%) OIH(-19%) XOP(-17%) XLE(-17%) XME(-13%) |
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 | -2.67% (StdDev 5.34%) |
Hourly BBV | -0.4 () |
Intraday Trend | -11.3% |
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