| DRIP latest price $12.8700 (-4.24%) ($12.7900 - $14.0500) on Wed. Apr. 21, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.66% (three month average) |
RSI | 59 |
Latest Price | $12.8700(-4.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DRIP advances 2.1% a day on average for past five trading days. |
Weekly Trend | DRIP advances 6.2% 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) UUP(5%) TLT(4%) CEMB(3%) LQD(3%) PCY(3%) |
Factors Impacting DRIP price | DRIP will decline at least -2.83% in a week (0% probabilities). USO(-20%) OIH(-18%) XOP(-15%) XLE(-15%) XME(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.83% (StdDev 5.66%) |
Hourly BBV | -0.1 () |
Intraday Trend | -7.8% |
| |
|
|