| INDA latest price $47.2600 (0.88%) ($47.0250 - $47.2700) on Tue. Dec. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.72% (three month average) |
RSI | 80 |
Latest Price | $47.2600(0.88%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | INDA advances 0.8% a day on average for past five trading days. |
Weekly Trend | INDA advances 1.5% 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 INDA advance at 0% a week (0% probability) SPY(89%) XLY(78%) ARKK(76%) TAN(76%) IYT(73%) |
Factors Impacting INDA price | INDA will decline at least -0.36% in a week (0% probabilities). VIXM(-45%) VXX(-36%) UUP(-24%) TBT(-13%) BNDX(5%) |
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 | -0.36% (StdDev 0.72%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.3% |
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