| UDOW latest price $61.9700 (1.89%) ($59.8200 - $62.5200) on Thu. Jan. 12, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.53% (three month average) |
RSI | 66 |
Latest Price | $61.9700(1.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 2.2% a day on average for past five trading days. |
Weekly Trend | UDOW advances 2.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) IWD(92%) IVE(91%) VYM(91%) SPY(90%) VT(87%) |
Factors Impacting UDOW price | UDOW will decline at least -1.765% in a week (0% probabilities). VIXM(-58%) VXX(-27%) UUP(-19%) SHY(-15%) EDOC(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.765% (StdDev 3.53%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.1% |
| |
|
|