| SDOW latest price $27.3900 (1.07%) ($26.8200 - $27.5100) on Wed. Oct. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 50 |
Latest Price | $27.3900(1.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 1.2% a day on average for past five trading days. |
Weekly Trend | SDOW advances 2.3% 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(60%) VIXM(50%) EDOC(34%) TBT(21%) GLD(20%) |
Factors Impacting SDOW price | SDOW will decline at least -0.875% in a week (0% probabilities). XLF(-92%) IVE(-92%) VYM(-90%) SPY(-90%) VT(-88%) |
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 | -0.875% (StdDev 1.75%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.7% |
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