| UDOW latest price $52.5000 (8.25%) ($49.6600 - $52.5000) on Fri. Jun. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.28% (three month average) |
RSI | 36 |
Latest Price | $52.5000(8.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 3% a day on average for past five trading days. |
Weekly Trend | UDOW declines -10.4% 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(94%) VT(91%) XLI(91%) XLF(89%) VUG(83%) |
Factors Impacting UDOW price | UDOW will decline at least -2.14% in a week (0% probabilities). VIXM(-60%) UUP(-37%) VXX(-21%) TBT(-9%) EDOC(9%) |
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 | -2.14% (StdDev 4.28%) |
Hourly BBV | 1.7 () |
Intraday Trend | 5.5% |
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