| UDOW latest price $54.1000 (-1.58%) ($53.2300 - $55.2500) on Thu. Oct. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 39 |
Latest Price | $54.1000(-1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.9% a day on average for past five trading days. |
Weekly Trend | UDOW declines -0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) SPY(94%) IVE(93%) XLF(92%) IVW(91%) IWD(90%) |
Factors Impacting UDOW price | UDOW will decline at least -0.845% in a week (0% probabilities). VXX(-58%) VIXM(-55%) TBT(-26%) UUP(-21%) GLD(-8%) |
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 | -0.7 () |
Intraday Trend | -2.1% |
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