| SDOW latest price $28.0500 (2.41%) ($27.2610 - $28.1700) on Thu. Oct. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.77% (three month average) |
RSI | 61 |
Latest Price | $28.0500(2.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 1.1% a day on average for past five trading days. |
Weekly Trend | SDOW advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SDOW advance at 0% a week (0% probability) VXX(60%) VIXM(48%) TBT(25%) UUP(19%) GLD(18%) |
Factors Impacting SDOW price | SDOW will decline at least -0.885% in a week (0% probabilities). XLF(-92%) IVE(-91%) 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 | -0.885% (StdDev 1.77%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.1% |
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