| UDOW latest price $58.9000 (3.04%) ($56.9900 - $59.2600) on Fri. Jul. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.08% (three month average) |
RSI | 69 |
Latest Price | $58.9000(3.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 1.8% a day on average for past five trading days. |
Weekly Trend | UDOW advances 6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock 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%) XLB(83%) |
Factors Impacting UDOW price | UDOW will decline at least -2.04% in a week (0% probabilities). VIXM(-59%) UUP(-39%) VXX(-22%) TBT(-12%) EDOC(-4%) |
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 | -2.04% (StdDev 4.08%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.8% |
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