| SDOW latest price $39.5700 (10.53%) ($38.3900 - $39.8100) on Mon. Feb. 24, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.43% (three month average) |
RSI | 50 |
Latest Price | $39.5700(10.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 3% a day on average for past five trading days. |
Weekly Trend | SDOW advances 0.2% 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 SDOW advance at 0% a week (0% probability) VIXM(26%) TLT(12%) VXX(11%) SHY(4%) UUP(4%) |
Factors Impacting SDOW price | SDOW will decline at least -1.215% in a week (0% probabilities). IWD(-40%) IVE(-40%) DIA(-40%) SPY(-39%) SDY(-39%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.215% (StdDev 2.43%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.8% |
| |
|
|