| SDOW latest price $23.4200 (1.69%) ($22.6800 - $23.4300) on Wed. Aug. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.81% (three month average) |
RSI | 61 |
Latest Price | $23.4200(1.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 0.7% a day on average for past five trading days. |
Weekly Trend | SDOW advances 1.7% 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) VXX(66%) VIXM(63%) TBT(29%) UUP(24%) EDOC(9%) |
Factors Impacting SDOW price | SDOW will decline at least -0.905% in a week (0% probabilities). IVE(-92%) XLF(-90%) SPY(-90%) IWD(-90%) VYM(-89%) |
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 | -0.905% (StdDev 1.81%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.2% |
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