| UDOW latest price $63.7300 (3.69%) ($61.7200 - $63.7620) on Fri. Aug. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.75% (three month average) |
RSI | 75 |
Latest Price | $63.7300(3.69%) |
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 4.3% 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 -1.875% in a week (0% probabilities). VIXM(-59%) UUP(-38%) VXX(-22%) TBT(-12%) EDOC(-3%) |
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 | -1.875% (StdDev 3.75%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.7% |
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