| DRIP latest price $14.7600 (-7.75%) ($14.6200 - $15.8840) on Mon. Dec. 12, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.83% (three month average) |
RSI | 67 |
Latest Price | $14.7600(-7.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DRIP advances 1.3% a day on average for past five trading days. |
Weekly Trend | DRIP advances 14.2% 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) SHY(22%) BNDX(20%) VXX(7%) VCSH(6%) VIXM(6%) |
Factors Impacting DRIP price | DRIP will decline at least -2.915% in a week (0% probabilities). OIH(-86%) IWD(-64%) IWN(-61%) IWM(-60%) IWO(-57%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.915% (StdDev 5.83%) |
Hourly BBV | -1.6 () |
Intraday Trend | -5.5% |
| |
|
|