| SDOW latest price $41.4000 (4.6%) ($40.3400 - $42.3400) on Thu. Sep. 29, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.37% (three month average) |
RSI | 80 |
Latest Price | $41.4000(4.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 1.6% a day on average for past five trading days. |
Weekly Trend | SDOW advances 10.9% 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) UUP(26%) VIXM(19%) TBT(13%) VXX(4%) SHY(-3%) |
Factors Impacting SDOW price | SDOW will decline at least -1.685% in a week (0% probabilities). IWD(-94%) IVE(-94%) SPY(-92%) SDY(-90%) IVW(-86%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.685% (StdDev 3.37%) |
Hourly BBV | 0.6 () |
Intraday Trend | 2.5% |
| |
|
|