| DRIP latest price $16.5950 (2.76%) ($16.2850 - $16.7960) on Wed. May. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.28% (three month average) |
RSI | 51 |
Latest Price | $16.5950(2.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DRIP advances 2.6% a day on average for past five trading days. |
Weekly Trend | DRIP declines -2.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DRIP advance at 0% a week (0% probability) VXX(16%) UUP(15%) VIXM(12%) BWX(8%) ARKK(5%) |
Factors Impacting DRIP price | DRIP will decline at least -2.14% in a week (0% probabilities). XLE(-92%) OIH(-84%) USO(-69%) XME(-63%) VYM(-62%) |
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 | -2.14% (StdDev 4.28%) |
Hourly BBV | 1 () |
Intraday Trend | -0.2% |
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