| UDOW latest price $60.0400 (0.07%) ($59.6800 - $60.4400) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 89 |
Latest Price | $60.0400(0.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 1.2% a day on average for past five trading days. |
Weekly Trend | UDOW advances 6% 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%) XLF(91%) IWD(90%) SPY(90%) VYM(88%) |
Factors Impacting UDOW price | UDOW will decline at least -1.005% in a week (0% probabilities). VXX(-46%) VIXM(-31%) UUP(-22%) TBT(-9%) GLD(-2%) |
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 | -1.005% (StdDev 2.01%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.3% |
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