| IDRV latest price $32.6200 (1.75%) ($32.3500 - $32.6600) on Mon. Aug. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 75 |
Latest Price | $32.6200(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IDRV advances 0.8% a day on average for past five trading days. |
Weekly Trend | IDRV advances 3.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support IDRV advance at 0% a week (0% probability) FIVG(83%) SPY(81%) IWO(80%) IVW(79%) IWF(79%) |
Factors Impacting IDRV price | IDRV will decline at least -0.835% in a week (0% probabilities). VIXM(-46%) UUP(-28%) VXX(-19%) TLT(-3%) EDOC(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.835% (StdDev 1.67%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
| |
|
|