| SDOW latest price $30.3100 (-0.62%) ($30.2560 - $31.1600) on Fri. Aug. 5, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.8% (three month average) |
RSI | 25 |
Latest Price | $30.3100(-0.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 0.1% a day on average for past five trading days. |
Weekly Trend | SDOW declines -4.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SDOW advance at 0% a week (0% probability) UUP(29%) VIXM(27%) TBT(13%) VXX(4%) EDOC(2%) |
Factors Impacting SDOW price | SDOW will decline at least -1.9% in a week (0% probabilities). IWD(-94%) IVE(-94%) SPY(-93%) SDY(-91%) IVW(-88%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.9% (StdDev 3.8%) |
Hourly BBV | -0.2 () |
Intraday Trend | -2.6% |
| |
|
|