| SDOW latest price $43.5200 (5.12%) ($40.8700 - $44.0500) on Fri. Sep. 30, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.42% (three month average) |
RSI | 86 |
Latest Price | $43.5200(5.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 1.7% a day on average for past five trading days. |
Weekly Trend | SDOW advances 10.5% 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(25%) VIXM(19%) TBT(12%) VXX(4%) SHY(-3%) |
Factors Impacting SDOW price | SDOW will decline at least -1.71% in a week (0% probabilities). IWD(-94%) IVE(-93%) SPY(-92%) SDY(-90%) IVW(-86%) |
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 | -1.71% (StdDev 3.42%) |
Hourly BBV | 1.8 () |
Intraday Trend | 4.1% |
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