| DRIP latest price $15.7000 (-0.79%) ($15.3860 - $16.5300) on Wed. Jan. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5% (three month average) |
RSI | 60 |
Latest Price | $15.7000(-0.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DRIP advances 2.6% a day on average for past five trading days. |
Weekly Trend | DRIP advances 1.6% a week on average for past two weeks. |
Market Behavior | Value stock 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(25%) BNDX(22%) VCSH(9%) ARKK(7%) BOTZ(7%) |
Factors Impacting DRIP price | DRIP will decline at least -2.5% in a week (0% probabilities). OIH(-86%) IWD(-63%) IWN(-60%) IWM(-59%) IWO(-56%) |
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 | -2.5% (StdDev 5%) |
Hourly BBV | 0.9 () |
Intraday Trend | -4.3% |
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