| UDOW latest price $59.3000 (4.79%) ($57.4200 - $60.0000) on Thu. May. 26, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4% (three month average) |
RSI | 46 |
Latest Price | $59.3000(4.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 2.6% a day on average for past five trading days. |
Weekly Trend | UDOW declines -1% 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(95%) VT(92%) XLI(91%) XLF(90%) VUG(85%) |
Factors Impacting UDOW price | UDOW will decline at least -2% in a week (0% probabilities). VIXM(-62%) UUP(-39%) VXX(-21%) TBT(-8%) TLT(9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2% (StdDev 4%) |
Hourly BBV | 1.3 () |
Intraday Trend | 3.2% |
| |
|
|