| SDY latest price $120.3900 (-2.04%) ($120.3600 - $123.9800) on Wed. Nov. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.34% (three month average) |
RSI | 62 |
Latest Price | $120.3900(-2.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SDY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SDY advances 2.8% 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 SDY advance at 0% a week (0% probability) IWD(94%) IVE(90%) DIA(89%) IFRA(89%) IWM(89%) |
Factors Impacting SDY price | SDY will decline at least -0.67% in a week (0% probabilities). VIXM(-15%) UUP(-11%) TBT(-11%) VXX(-7%) SHY(1%) |
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 | -0.67% (StdDev 1.34%) |
Hourly BBV | -2.7 () |
Intraday Trend | -1.7% |
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