| UDOW latest price $57.0400 (0.9%) ($55.7900 - $57.0500) on Mon. Apr. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.59% (three month average) |
RSI | 70 |
Latest Price | $57.0400(0.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.5% a day on average for past five trading days. |
Weekly Trend | UDOW advances 5.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) IVE(92%) IWD(91%) VYM(89%) SPY(88%) XLF(87%) |
Factors Impacting UDOW price | UDOW will decline at least -1.295% in a week (0% probabilities). VXX(-65%) VIXM(-59%) UUP(-17%) TBT(-15%) SHY(-10%) |
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 | -1.295% (StdDev 2.59%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.7% |
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