| UUP latest price $24.2600 (0.08%) ($24.1300 - $24.2600) on Mon. Jan. 4, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Trend Pattern | N/A |
Trend Narrative | Rebound |
Average Daily Price Swing | $0.12 (0.49% one month average) |
Average Daily Percentage Swing | 0.34% (three month average) |
Weekly Trend Force | -0% (StdDev 0.34%) |
Daily Moving Force | -0.2% |
Trend | -0.06% |
Trend Strength | -0.3% |
RSI | 34 |
Momentum | 1.4 |
Latest Price | $24.2600(0.08%) |
Forecasted Low Price | 24.19(-0.3%) |
Forecasted High Price | 24.28(0.1%) |
Direction of Next Movement | Lower(-0.3%) |
Hourly Trend | 0% [$24.2(0), $24.21(-0.18)] |
Stocks Behave Similarly | Similar Stock List |
Complacency | 4 |
Intraday Reversal Probability | There's a high probability the price will reverse sharply to upside intraday or next day.. |
Daily Trend | UUP declines -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 | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support UUP advance at 0% a week (63% probability) TLT(32%) UNG(27%) BND(22%) VIXM(21%) BNDX(20%) |
Factors Impacting UUP price | UUP will decline at least -0.1% in a week (61% probabilities). HYXU(-77%) BWX(-62%) VGK(-55%) EWG(-54%) GDX(-49%) |
Trading Plan | Buy the rebound |
| |
Valuation to SPY | -0.4 |
| |
Relative Volatility | -1.4 (options are cheap) |
| |
Market Trend Strength | -0.1% (StdDev 0.34%) |
Hourly BBV | -8.7 () |
Intraday Trend | 0.5% |
| |
|
|