| UDOW latest price $77.5400 (-1.05%) ($76.9600 - $81.4500) on Tue. Aug. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 60 |
Latest Price | $77.5400(-1.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 1.9% a day on average for past five trading days. |
Weekly Trend | UDOW advances 5.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.375% (StdDev 4.75%) |
Hourly BBV | 0.3 () |
Intraday Trend | -3.9% |
| |
|
|