| UDOW latest price $82.0600 (5.65%) ($79.8590 - $82.7500) on Wed. Oct. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 52 |
Latest Price | $82.0600(5.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 1.1% a day on average for past five trading days. |
Weekly Trend | UDOW advances 3.3% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.55% (StdDev 3.1%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.7% |
| |
|
|