| UDOW latest price $62.5100 (0.37%) ($62.3900 - $63.3100) on Wed. Nov. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.93% (three month average) |
RSI | 82 |
Latest Price | $62.5100(0.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.6% a day on average for past five trading days. |
Weekly Trend | UDOW advances 4.5% 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(88%) VYM(86%) XAR(84%) |
Factors Impacting UDOW price | UDOW will decline at least -0.965% in a week (0% probabilities). VIXM(-52%) VXX(-41%) EDOC(-29%) UUP(-16%) 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 | -0.965% (StdDev 1.93%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.4% |
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