| UDOW latest price $71.4500 (4.18%) ($68.3300 - $71.5000) on Wed. Dec. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.06% (three month average) |
RSI | 89 |
Latest Price | $71.4500(4.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 1.7% 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 | 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) VFMO(96%) XLF(95%) IWD(92%) VT(90%) IBB(89%) |
Factors Impacting UDOW price | UDOW will decline at least -1.03% in a week (0% probabilities). VIXM(-65%) VXX(-62%) UUP(-25%) EDOC(-1%) TBT(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.03% (StdDev 2.06%) |
Hourly BBV | 2.9 () |
Intraday Trend | 4.1% |
| |
|
|