| UDOW latest price $78.3600 (3.94%) ($76.1700 - $78.4600) on Mon. Aug. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 64 |
Latest Price | $78.3600(3.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 2.5% a day on average for past five trading days. |
Weekly Trend | UDOW advances 4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) VYM(82%) VT(78%) XLI(78%) XLF(76%) DIA(73%) |
Factors Impacting UDOW price | UDOW will decline at least -2.375% in a week (0% probabilities). VIXM(-58%) UUP(-30%) VXX(-25%) TLT(-6%) EDOC(-2%) |
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 | -2.375% (StdDev 4.75%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.8% |
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