| SDOW latest price $29.5500 (-0.64%) ($29.2550 - $29.9750) on Wed. Aug. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.46% (three month average) |
RSI | 41 |
Latest Price | $29.5500(-0.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 1.7% a day on average for past five trading days. |
Weekly Trend | SDOW declines -2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SDOW advance at 0% a week (0% probability) UUP(28%) VIXM(25%) TBT(12%) EDOC(4%) VXX(4%) |
Factors Impacting SDOW price | SDOW will decline at least -1.73% in a week (0% probabilities). IWD(-94%) IVE(-94%) SPY(-93%) SDY(-90%) IVW(-88%) |
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 | -1.73% (StdDev 3.46%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.9% |
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