| UUP latest price $24.1700 (-0.41%) ($24.1550 - $24.2100) on Wed. Dec. 30, 2020. |
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| Trend Analysis and Forecast |
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Trend Pattern | Breakdown |
Trend Narrative | Growing Downtrend |
Average Daily Price Swing | $0.11 (0.45% one month average) |
Average Daily Percentage Swing | 0.34% (three month average) |
Weekly Trend Force | -0.1% (StdDev 0.34%) |
Daily Moving Force | -0.8% |
Rebound Strength | None(0%) |
Trend | -0.08% |
Trend Strength | -0.4% |
RSI | 30 |
Momentum | 1.3 |
Latest Price | $24.1700(-0.41%) |
Forecasted Low Price | 23.98(-0.8%) |
Forecasted High Price | 24.19(0.1%) |
Direction of Next Movement | Lower(-1.1%) |
% Change Needed to Confirm Rebound | 2.9% ((24.88)) |
% Change Needed for Trend Reversal | 0.8% |
Hourly Trend | -1.5% [$24.22(-0.36), $24.42(-0.04)] |
Stocks Behave Similarly | Similar Stock List |
Complacency | 4 |
Intraday Reversal Probability | N/A. |
Daily Trend | UUP declines -0.3% a day on average for past five trading days. |
Weekly Trend | UUP declines -0.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UUP decline at-0.2% a week (62% probability) UNG(32%) TLT(31%) BND(23%) BNDX(22%) VIXM(18%) |
Factors Impacting UUP price | UUP will decline at least -0.2% in a week (63% probabilities). HYXU(-80%) BWX(-62%) VGK(-58%) EWG(-55%) GLD(-52%) |
Trading Plan | Not Available |
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Valuation to SPY | -1.7 |
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Relative Volatility | -2.1 (options are extremely cheap) |
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Market Trend Strength | -0.5% (StdDev 0.34%) |
Hourly BBV | -1.3 () |
Intraday Trend | -0.1% |
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