| UDOW latest price $45.8100 (3.5%) ($44.7100 - $47.0600) on Tue. Oct. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.89% (three month average) |
RSI | 56 |
Latest Price | $45.8100(3.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 2.6% a day on average for past five trading days. |
Weekly Trend | UDOW advances 1.9% 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(93%) XLI(89%) VT(88%) XLF(87%) XLB(81%) |
Factors Impacting UDOW price | UDOW will decline at least -1.945% in a week (0% probabilities). VIXM(-56%) UUP(-32%) VXX(-24%) TBT(-8%) EDOC(7%) |
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 | -1.945% (StdDev 3.89%) |
Hourly BBV | 0.8 () |
Intraday Trend | -2.4% |
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