| UDOW latest price $66.3000 (-0.67%) ($65.5900 - $66.4460) on Tue. Dec. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 86 |
Latest Price | $66.3000(-0.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 1.3% a day on average for past five trading days. |
Weekly Trend | UDOW advances 4.6% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) IVE(93%) XLF(92%) IWD(88%) VYM(86%) XAR(85%) |
Factors Impacting UDOW price | UDOW will decline at least -1% in a week (0% probabilities). VIXM(-58%) VXX(-51%) UUP(-16%) IGOV(8%) USO(10%) |
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 | 0.2 () |
Intraday Trend | 0.2% |
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