| DRIP latest price $11.2300 (-1.66%) ($10.9100 - $11.5800) on Fri. Dec. 1, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 45 |
Latest Price | $11.2300(-1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DRIP advances 0.2% a day on average for past five trading days. |
Weekly Trend | DRIP advances 0.6% 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(36%) VXX(29%) VIXM(26%) BNDX(10%) TLT(1%) |
Factors Impacting DRIP price | DRIP will decline at least -1.55% in a week (0% probabilities). XOP(-99%) XME(-91%) OIH(-91%) IWO(-75%) IWM(-75%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.55% (StdDev 3.1%) |
Hourly BBV | -0.5 () |
Intraday Trend | -2.2% |
| |
|
|