| SDOW latest price $25.9400 (0.58%) ($25.5400 - $26.5200) on Wed. Sep. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 70 |
Latest Price | $25.9400(0.58%) |
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 3.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SDOW advance at 0% a week (0% probability) VXX(62%) VIXM(59%) TBT(32%) UUP(23%) USO(4%) |
Factors Impacting SDOW price | SDOW will decline at least -0.865% in a week (0% probabilities). DIA(-99%) XLF(-92%) IVE(-91%) SPY(-90%) IWD(-90%) |
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 | -0.865% (StdDev 1.73%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1.4% |
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