| SDOW latest price $27.7600 (-0.75%) ($27.3700 - $28.2500) on Tue. Dec. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4% (three month average) |
RSI | 74 |
Latest Price | $27.7600(-0.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 2.2% a day on average for past five trading days. |
Weekly Trend | SDOW advances 4.8% 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) SHY(12%) TBT(7%) VIXM(6%) UUP(3%) VCSH(2%) |
Factors Impacting SDOW price | SDOW will decline at least -2% in a week (0% probabilities). IWD(-92%) IVE(-91%) SPY(-90%) SDY(-87%) IVW(-84%) |
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% (StdDev 4%) |
Hourly BBV | -0.6 () |
Intraday Trend | -0.6% |
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