| UDOW latest price $56.6100 (3.42%) ($54.8100 - $56.7550) on Fri. Nov. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 68 |
Latest Price | $56.6100(3.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.4% a day on average for past five trading days. |
Weekly Trend | UDOW advances 5.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) SPY(99%) IVW(98%) IVE(94%) XLF(91%) IWD(90%) |
Factors Impacting UDOW price | UDOW will decline at least -1% in a week (0% probabilities). VXX(-46%) VIXM(-30%) UUP(-23%) TBT(-19%) GLD(-3%) |
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% (StdDev 2%) |
Hourly BBV | 1.9 () |
Intraday Trend | 1.9% |
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