| UDOW latest price $75.8200 (0.32%) ($75.1500 - $76.6500) on Wed. Jul. 14, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.65% (three month average) |
RSI | 72 |
Latest Price | $75.8200(0.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.4% a day on average for past five trading days. |
Weekly Trend | UDOW advances 2.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) VYM(94%) VT(92%) XLI(91%) XLF(89%) XLB(85%) |
Factors Impacting UDOW price | UDOW will decline at least -3.325% in a week (0% probabilities). VIXM(-69%) UUP(-37%) VXX(-27%) IGOV(-2%) TLT(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.325% (StdDev 6.65%) |
Hourly BBV | -0.2 () |
Intraday Trend | -0.7% |
| |
|
|