| UDOW latest price $54.9700 (0.49%) ($54.0600 - $55.3500) on Wed. Oct. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 40 |
Latest Price | $54.9700(0.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 1.2% a day on average for past five trading days. |
Weekly Trend | UDOW declines -1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) SPY(94%) IVE(93%) IVW(92%) XLF(92%) IWD(90%) |
Factors Impacting UDOW price | UDOW will decline at least -0.845% in a week (0% probabilities). VXX(-58%) VIXM(-55%) TBT(-27%) UUP(-22%) GLD(-5%) |
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 | -0.845% (StdDev 1.69%) |
Hourly BBV | 1 () |
Intraday Trend | -0.2% |
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