| DRIP latest price $10.7300 (6.77%) ($10.0100 - $10.8710) on Mon. Oct. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.87% (three month average) |
RSI | 68 |
Latest Price | $10.7300(6.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DRIP advances 0.9% a day on average for past five trading days. |
Weekly Trend | DRIP advances 1.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DRIP advance at 0% a week (0% probability) UUP(23%) BNDX(6%) VXX(5%) TLT(-0%) TBT(-1%) |
Factors Impacting DRIP price | DRIP will decline at least -1.435% in a week (0% probabilities). XLE(-94%) OIH(-90%) USO(-69%) XME(-64%) XAR(-61%) |
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 | -1.435% (StdDev 2.87%) |
Hourly BBV | 1.7 () |
Intraday Trend | 6.8% |
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