| UDOW latest price $80.9700 (4.98%) ($78.7300 - $81.1200) on Mon. Oct. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 50 |
Latest Price | $80.9700(4.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 1.2% a day on average for past five trading days. |
Weekly Trend | UDOW advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) VYM(81%) XLI(78%) VT(77%) XLF(76%) DIA(72%) |
Factors Impacting UDOW price | UDOW will decline at least -1.55% in a week (0% probabilities). VIXM(-59%) UUP(-30%) VXX(-25%) TLT(-5%) EDOC(-5%) |
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 | -1.55% (StdDev 3.1%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.7% |
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