| UDOW latest price $97.5400 (-1.32%) ($96.6500 - $100.1700) on Wed. Dec. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.45% (three month average) |
RSI | 64 |
Latest Price | $97.5400(-1.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.3% a day on average for past five trading days. |
Weekly Trend | UDOW advances 2.8% 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(80%) XLI(77%) VT(76%) XLF(75%) XLB(71%) |
Factors Impacting UDOW price | UDOW will decline at least -1.725% in a week (0% probabilities). VIXM(-58%) UUP(-30%) VXX(-24%) TLT(-4%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.725% (StdDev 3.45%) |
Hourly BBV | -0.6 () |
Intraday Trend | -2.3% |
| |
|
|