| UDOW latest price $87.0100 (2.62%) ($85.3800 - $88.0100) on Mon. Oct. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 68 |
Latest Price | $87.0100(2.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 1.5% a day on average for past five trading days. |
Weekly Trend | UDOW advances 6.8% 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%) XLB(72%) |
Factors Impacting UDOW price | UDOW will decline at least -1.51% 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 | -1.51% (StdDev 3.02%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.5% |
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