| UDOW latest price $56.7100 (0.87%) ($56.0500 - $56.8600) on Wed. Jun. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.41% (three month average) |
RSI | 53 |
Latest Price | $56.7100(0.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 1.3% a day on average for past five trading days. |
Weekly Trend | UDOW advances 1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) IVE(91%) IWD(90%) SPY(88%) VYM(88%) XLF(88%) |
Factors Impacting UDOW price | UDOW will decline at least -1.205% in a week (0% probabilities). VXX(-62%) VIXM(-57%) TBT(-22%) UUP(-18%) SHY(1%) |
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 | -1.205% (StdDev 2.41%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.6% |
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