| UDOW latest price $50.6700 (-1.59%) ($50.3700 - $51.6080) on Mon. Jul. 11, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.34% (three month average) |
RSI | 68 |
Latest Price | $50.6700(-1.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.2% a day on average for past five trading days. |
Weekly Trend | UDOW advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(91%) XLI(91%) XLF(89%) XLB(83%) |
Factors Impacting UDOW price | UDOW will decline at least -2.17% in a week (0% probabilities). VIXM(-60%) UUP(-39%) VXX(-22%) TBT(-11%) TLT(13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.17% (StdDev 4.34%) |
Hourly BBV | -1.8 () |
Intraday Trend | 0.1% |
| |
|
|