| UDOW latest price $53.6200 (7.2%) ($51.0000 - $53.7500) on Tue. Jul. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.44% (three month average) |
RSI | 61 |
Latest Price | $53.6200(7.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 1.6% a day on average for past five trading days. |
Weekly Trend | UDOW advances 0.6% 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(91%) XLI(91%) XLF(89%) VUG(83%) |
Factors Impacting UDOW price | UDOW will decline at least -2.22% in a week (0% probabilities). VIXM(-60%) UUP(-39%) VXX(-22%) TBT(-12%) EDOC(-2%) |
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 | -2.22% (StdDev 4.44%) |
Hourly BBV | 1.9 () |
Intraday Trend | 4.7% |
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