| UDOW latest price $62.1600 (0.91%) ($61.7600 - $62.2300) on Fri. Nov. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 81 |
Latest Price | $62.1600(0.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.7% a day on average for past five trading days. |
Weekly Trend | UDOW advances 4.9% 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) SPY(98%) IVW(94%) IVE(91%) XLF(89%) IWD(87%) |
Factors Impacting UDOW price | UDOW will decline at least -0.99% in a week (0% probabilities). VIXM(-50%) VXX(-40%) UUP(-15%) GLD(1%) BNDX(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 | -0.99% (StdDev 1.98%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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