| UUP latest price $25.2600 (-0.55%) ($25.1800 - $25.2700) on Tue. Nov. 3, 2020. |
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| Trend Analysis and Forecast |
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| Trend Pattern | N/A |
| Trend Narrative | N/A |
| Average Daily Price Swing | $0.11 (0.44% one month average) |
| Average Daily Percentage Swing | 0.36% (three month average) |
| Weekly Trend Force | 0% (StdDev 0.36%) |
| Daily Moving Force | -0.1% |
| Trend | 0.04% |
| Trend Strength | -0% |
| RSI | 52 |
| Momentum | 1.2 |
| Latest Price | $25.2600(-0.55%) |
| Forecasted Low Price | 25.23(-0.1%) |
| Forecasted High Price | 25.34(0.3%) |
| Direction of Next Movement | Range(0.1%) |
| Hourly Trend | -0.2% [$25.32(-0.06), $25.33(0)] |
| Stocks Behave Similarly | Similar Stock List |
| Complacency | 6 |
| Intraday Reversal Probability | There's a high probability the price will reverse sharply to upside intraday or next day.. |
| Daily Trend | UUP advances 0.1% a day on average for past five trading days. |
| Weekly Trend | UUP advances 0.2% 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 UUP advance at -0% a week (63% probability)
VXX(27%) UNG(25%) VIXM(21%) IGOV(19%) TLT(16%) |
| Factors Impacting UUP price | UUP will decline at least -0.1% in a week (64% probabilities).
HYXU(-78%) BWX(-72%) VGK(-53%) GLD(-53%) GDXJ(-53%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| Trading Plan | Not Available |
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| Valuation to SPY | 0.6 |
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| Relative Volatility | -1.3 (options are cheap) |
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| Market Trend Strength | -0.1% (StdDev 0.36%) |
| Hourly BBV | -3.5 () |
| Intraday Trend | 0.1% |
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