| SDOW latest price $40.6100 (7.09%) ($40.0000 - $41.3500) on Thu. Jun. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.13% (three month average) |
RSI | 71 |
Latest Price | $40.6100(7.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 4.2% a day on average for past five trading days. |
Weekly Trend | SDOW advances 12.4% 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(34%) UUP(30%) TBT(11%) VXX(5%) SHY(-10%) |
Factors Impacting SDOW price | SDOW will decline at least -2.065% in a week (0% probabilities). IWD(-95%) IVE(-95%) SPY(-94%) SDY(-91%) IVW(-89%) |
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 | -2.065% (StdDev 4.13%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.3% |
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