| SDOW latest price $17.4500 (8.05%) ($15.9620 - $17.8400) on Thu. Sep. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.29% (three month average) |
RSI | 42 |
Latest Price | $17.4500(8.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 0.2% a day on average for past five trading days. |
Weekly Trend | SDOW declines -4.7% 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(2%) |
Factors Impacting SDOW price | SDOW will decline at least -2.145% in a week (0% probabilities). IWD(-27%) IVE(-27%) DIA(-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 | -2.145% (StdDev 4.29%) |
Hourly BBV | 1.6 () |
Intraday Trend | 7.6% |
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