| UDOW latest price $62.5100 (0.87%) ($60.3700 - $62.7700) on Fri. Jan. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.39% (three month average) |
RSI | 60 |
Latest Price | $62.5100(0.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 1.2% a day on average for past five trading days. |
Weekly Trend | UDOW advances 3.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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 -1.695% in a week (0% probabilities). VIXM(-58%) VXX(-27%) UUP(-19%) SHY(-15%) TBT(-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 | -1.695% (StdDev 3.39%) |
Hourly BBV | 1.2 () |
Intraday Trend | 3.4% |
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