| SDOW latest price $21.8700 (2.05%) ($21.5100 - $22.0600) on Fri. Jul. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.98% (three month average) |
RSI | 46 |
Latest Price | $21.8700(2.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 0.4% a day on average for past five trading days. |
Weekly Trend | SDOW declines -4.3% 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(16%) UUP(7%) TLT(5%) VXX(5%) DRIV(1%) |
Factors Impacting SDOW price | SDOW will decline at least -2.49% in a week (0% probabilities). DIA(-28%) IWD(-27%) IVE(-27%) SPY(-26%) SDY(-26%) |
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 | -2.49% (StdDev 4.98%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.2% |
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