Trading Signals: UUP Stock Price Prediction and Forecast

^ UUP: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Thu. Dec. 24, 2020

Trading Signals: UUP Stock Price Prediction and Forecast (Fri. Dec. 20, 2013 - Fri. Feb. 26, 2021)

(PowerShares DB US Dollar Bullish ETF)
UUP latest price $24.3500 (0.08%) ($24.3250 - $24.3600) on Thu. Dec. 24, 2020.

Trend Analysis and Forecast

Trend Pattern   Downtrend Consolidation
Trend Narrative   After Bottom
Average Daily Price Swing   $0.15 (0.61% one month average)
Average Daily Percentage Swing   0.34% (three month average)
Weekly Trend Force   -0.1% (StdDev 0.34%)
Daily Moving Force   %
Rebound Strength   None(0%)
Trend   -0.08%
Trend Strength   -0.4%
RSI   43
Momentum   1.8
Latest Price   $24.3500(0.08%)
Forecasted Low Price   24.3(-0.2%)
Forecasted High Price   24.37(0.1%)
Direction of Next Movement   Range(-0.1%)
% Change Needed to Confirm Rebound   0.3% ((24.43))
% Change Needed for Trend Reversal   0.3%
Hourly Trend -0.1% [$24.34(-0.02), $24.35(0.02)]
Stocks Behave Similarly   Similar Stock List
Complacency   2
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 declines -0.3% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support UUP advance at -0% a week (62% probability)
UNG(35%)    TLT(33%)    BND(27%)    BNDX(24%)    VIXM(21%)
Factors Impacting UUP price   UUP will advance at least -0% in a week (63% probabilities).
HYXU(-79%)    BWX(-63%)    VGK(-60%)    EWG(-57%)    GLD(-50%)
Explanation The rally is not sustainable and not supported by the broad market.
Trading Plan   Not Available

Valuation to SPY -0.8

Relative Volatility -1.5 (options are cheap)

Market Trend Strength   -0.1% (StdDev 0.34%)
Hourly BBV -8 ()
Intraday Trend 0.1%

Next Hour Price   $24.35(0%)
1 - 5 Day Possible Target   $24.21(-0.57%)
Inflection Point   Yes
Resistance Level   $24.46
5 Day Moving Average   $24.34(0.04%)
10 Day Moving Average   $24.37(-0.08%)
20 Day Moving Average   $24.46(-0.45%)
To recent high   -4.7%
To recent low   0.5%
Market Cap   $N/A

Option Sentiment

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. UUP price fluctuates within 0.61% (three month std-dev: 0.34% one year average std_dev: 0%) daily (68% of days).
$. UUP price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210124

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Dec_24_2020	24.46 (-0.2%)	24.37 (-0%)	24.34 (0.1%)	24.35	24.34(0%)	24.35(0.08%)	24.33-24.36	-0.9(-0.7)	-8	%	-0.1%	0%	-0.08%	-0.4%	43	1.8	Downtrend Consolidation	Range(-0.1%)	2	-0.8	1	After Bottom	24.34(-0.06%)	24.25-24.41	0.28	-4.7%-0.5%
2	Dec_23_2020	24.49 (-0.2%)	24.38 (-0%)	24.31 (-0%)	24.33	24.34(0%)	24.33(-0.45%)	24.3-24.38	-1.1(-1)	-6.4	%	-0.1%	0%	-0.1%	-0.4%	44	1.9	Downtrend Consolidation Downtrend Pop	Range(0.1%)	3	-0.7	1	Downtrend	24.28(-0.22%)	24.24-24.35	0.76	-4.8%-0.4%
3	Dec_22_2020	24.51 (-0.2%)	24.4 (-0%)	24.32 (0%)	24.33	24.36(0%)	24.44(0.53%)	24.34-24.45	-1.2(-0.4)	-5.5	0.1%	-0.1%	0%	-0.1%	-0.5%	41	2	Rebound	Range(0%)	3	-0.4	1.2	After Bottom	24.4(-0.17%)	24.3-24.48	1.4	-4.3%-0.9%
4	Dec_21_2020	24.53 (-0.2%)	24.41 (-0%)	24.31 (-0.1%)	24.3	24.3(0%)	24.31(0.21%)	24.26-24.38	-1.4(-1.1)	-6.8	0.1%	-0.1%	0%	-0.1%	-0.5%	31	2.3	Rebound	Range(0%)	3	-0.8	0.1	After Bottom	24.29(-0.09%)	24.12-24.43	0.62	-4.9%-0.3%
5	Dec_18_2020	24.57 (-0.2%)	24.43 (-0.2%)	24.34 (-0.3%)	24.32	24.25(0%)	24.26(0.12%)	24.25-24.3	-1.4(-1.5)	-5.4	-0.2%	-0.1%	0%	-0.1%	-0.6%	20	2.4	Growing Downtrend	Lower(-0.3%)	3	-1.2	1.9	Downtrend	24.18(-0.35%)	24.11-24.32	0.9	-5%-0.1%

6	Dec_17_2020	24.6 (-0.2%)	24.45 (-0%)	24.4 (-0.2%)	24.36	24.29(0%)	24.23(-0.53%)	24.19-24.24	-1.4(-1.8)	-4.7	-0.3%	-0.1%	0%	-0.1%	-0.6%	24	2.4	Growing Downtrend	Range(-0.1%)	3	-1.7	1.8	Downtrend	24.15(-0.31%)	24.1-24.29	0.92	-5.2%-0%
7	Dec_16_2020	24.63 (-0.2%)	24.47 (-0.2%)	24.45 (-0.2%)	24.44	24.39(0%)	24.36(-0.12%)	24.32-24.46	-1.2(-1.4)	-11.8	-0.2%	-0.1%	0%	-0.1%	-0.6%	25	2.3	Growing Downtrend	Lower(-0.2%)	3	-1.4	2.2	Downtrend	24.28(-0.31%)	24.23-24.4	0.75	-4.7%-0%
8	Dec_15_2020	24.66 (-0.2%)	24.49 (-0.2%)	24.49 (-0.1%)	24.47	24.43(0%)	24.39(-0.33%)	24.38-24.45	-1.2(-1.4)	-8.3	-0.2%	-0.1%	0%	-0.1%	-0.7%	24	2.3	Growing Downtrend	Range(-0.1%)	3	-1.4	2.3	Downtrend	24.31(-0.31%)	24.26-24.43	0.85	-4.5%-0%
9	Dec_14_2020	24.69 (-0.2%)	24.52 (-0.2%)	24.49 (0%)	24.51	24.49(0%)	24.47(-0.29%)	24.4-24.5	-1.1(-1.2)	-17	-0.1%	-0.1%	0%	-0.12%	-0.7%	23	2.2	Growing Downtrend	Range(-0.1%)	3	-0.6	1.4	Downtrend	24.4(-0.3%)	24.35-24.51	0.46	-4.2%-0.1%
10	Dec_11_2020	24.72 (-0.2%)	24.55 (-0.2%)	24.52 (0%)	24.52	24.49(0%)	24.54(0.25%)	24.51-24.55	-1.2(-0.9)	16.3	%	-0.1%	0%	-0.12%	-0.7%	28	2.3	Downtrend	Range(-0.1%)	3	-0.9	1.5	Downtrend	24.45(-0.35%)	24.4-24.57	1.02	-4%-0.4%

11	Dec_10_2020	24.75 (-0.2%)	24.57 (-0.2%)	24.51 (0%)	24.51	24.52(0%)	24.48(-0.29%)	24.45-24.55	-1.4(-1.3)	-16.7	%	-0.1%	0%	-0.14%	-0.7%	26	2.4	Downtrend	Range(0%)	3	-1.1	1.4	The Bottom	24.46(-0.08%)	24.25-24.64	0.61	-4.2%-0.2%
12	Dec_9_2020	24.77 (-0.2%)	24.6 (-0.2%)	24.5 (-0%)	24.5	24.53(0%)	24.55(0.04%)	24.49-24.6	-1.6(-1)	12.3	0.1%	-0.1%	0%	-0.16%	-0.7%	27	2.4	Downtrend	Range(0%)	2	-1.1	1.2	Downtrend	24.44(-0.46%)	24.37-24.59	0.52	-3.9%-0.5%
13	Dec_8_2020	24.8 (-0.2%)	24.63 (-0.2%)	24.51 (-0%)	24.47	24.5(0%)	24.54(0.12%)	24.49-24.55	-1.8(-1.2)	15.7	%	-0.1%	0%	-0.16%	-0.7%	27	2.4	Rebound	Range(-0.1%)	1	-1.6	1.3	Relative Oversold	24.49(-0.2%)	24.26-24.68	0.61	-4%-0.4%
14	Dec_7_2020	24.83 (-0.2%)	24.67 (-0.2%)	24.52 (-0.2%)	24.49	24.47(0%)	24.51(0.16%)	24.44-24.52	-2.1(-1.5)	21.5	%	-0.1%	0.3%	-0.16%	-0.6%	24	2.3	Rebound	Higher(0.2%)	0	-1.6	1	Relative Oversold	24.47(-0.16%)	24.21-24.68	0.9	-4.1%-0.3%
15	Dec_4_2020	24.85 (-0.2%)	24.71 (-0.2%)	24.58 (-0.2%)	24.54	24.44(0%)	24.47(0.12%)	24.4-24.5	-2.1(-2)	-8.6	-0.3%	-0.2%	0.3%	-0.14%	-0.5%	19	2.1	Growing Downtrend	Lower(-0.2%)	0	-1.9	1.1	Relative Oversold	24.46(-0.05%)	24.22-24.65	1.83	-4.2%-0.1%

16	Dec_3_2020	24.87 (-0.2%)	24.76 (-0.2%)	24.64 (-0.3%)	24.61	24.52(0%)	24.44(-0.53%)	24.41-24.49	-2(-2.5)	-7.9	-0.4%	-0.2%	0.1%	-0.14%	-0.5%	15	1.9	Breakdown	Lower(-0.2%)	0	-1.6	0.9	Bottom	24.5(0.23%)	24.37-24.58	1	-4.3%-0%
17	Dec_2_2020	24.91 (-0.2%)	24.81 (-0.2%)	24.71 (-0.2%)	24.7	24.63(0%)	24.57(-0.12%)	24.56-24.64	-1.8(-2.3)	3.6	-0.3%	-0.1%	0%	-0.12%	-0.4%	18	1.7	Growing Downtrend	Lower(-0.3%)	0	-1.4	1	Bottom	24.62(0.19%)	24.51-24.69	1.13	-3.8%-0%
18	Dec_1_2020	24.95 (-0.2%)	24.85 (-0.2%)	24.77 (-0.3%)	24.76	24.71(0%)	24.6(-0.89%)	24.58-24.75	-1.6(-2.3)	3.1	-0.3%	-0.2%	0%	-0.1%	-0.4%	22	1.7	Breakdown	Range(-0.1%)	0	-1.4	1.1	Bottom	24.65(0.19%)	24.55-24.71	0.98	-3.7%-0%
19	Nov_30_2020	24.99 (-0%)	24.88 (-0%)	24.84 (-0.1%)	24.82	24.77(0%)	24.82(0.24%)	24.68-24.82	-1.2(-1.1)	3.7	-0.1%	-0.1%	0%	-0.08%	-0.4%	29	1.9	N/A	Lower(-0.2%)	0	-0.9	1.1	Growing Downtrend	24.78(-0.17%)	24.74-24.85	0.44	-2.9%-0.2%
20	Nov_27_2020	25.01 (-0%)	24.9 (-0%)	24.86 (-0.1%)	24.86	24.8(0%)	24.76(-0.2%)	24.75-24.8	-1.2(-1.5)	2.4	-0.2%	-0.1%	0%	-0.06%	-0.4%	44	1.9	N/A	Lower(-0.2%)	0	-1.2	1.2	Growing Downtrend	24.73(-0.13%)	24.69-24.8	0.2	-3.1%-0%

21	Nov_25_2020	25.04 (-0%)	24.94 (-0%)	24.89 (-0.1%)	24.89	24.87(0%)	24.81(-0.16%)	24.8-24.87	-1.2(-1.4)	1.5	-0.1%	-0.1%	0%	-0.04%	-0.4%	40	1.9	N/A	Range(-0.1%)	1	-1.2	1.4	Downtrend	24.79(-0.1%)	24.76-24.85	0.6	-2.9%-0%
22	Nov_24_2020	25.07 (-0%)	24.96 (-0%)	24.92 (-0%)	24.92	24.91(0%)	24.85(-0.48%)	24.85-24.97	-1.1(-1.4)	2.3	%	-0.1%	0%	-0.04%	-0.4%	30	1.8	N/A	Range(0.1%)	2	-1.3	1.5	Downtrend	24.83(-0.07%)	24.81-24.89	0.67	-2.7%-0%
23	Nov_23_2020	25.08 (-0%)	24.98 (-0%)	24.92 (0%)	24.92	24.92(0%)	24.97(0.16%)	24.84-25.03	-1.1(-0.7)	2	%	-0%	0%	-0.06%	-0.4%	31	1.8	N/A	Range(0%)	3	-0.9	1.3	After Bottom	24.98(0.03%)	24.9-25.04	0.75	-2.3%-0.3%
24	Nov_20_2020	25.08 (-0%)	24.98 (-0%)	24.93 (-0.1%)	24.93	24.93(0%)	24.93(0.12%)	24.89-24.94	-1.2(-1.1)	1.3	-0.1%	-0%	0%	-0.06%	-0.4%	24	1.7	N/A	Range(-0.1%)	3	-0.9	1.4	After Bottom	24.94(0.06%)	24.84-25.03	0.33	-2.4%-0.2%
25	Nov_19_2020	25.09 (-0%)	24.99 (-0.2%)	24.95 (-0.2%)	24.95	24.94(0%)	24.9(-0.16%)	24.89-25.01	-1.2(-1.3)	0.7	%	-0%	0%	-0.1%	-0.4%	25	1.7	Rebound	Range(0.1%)	3	-1.2	1.7	Downtrend	24.85(-0.19%)	24.82-24.94	0.3	-2.5%-0%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low

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