| UUP latest price $24.0900 (-0.12%) ($24.0900 - $24.2200) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Trend Pattern | N/A |
Trend Narrative | Downtrend |
Average Daily Price Swing | $0.13 (0.53% one month average) |
Average Daily Percentage Swing | 0.34% (three month average) |
Weekly Trend Force | -0.1% (StdDev 0.34%) |
Daily Moving Force | -0.1% |
Rebound Strength | None(0%) |
Trend | -0.06% |
Trend Strength | -0.3% |
RSI | 35 |
Momentum | 1.6 |
Latest Price | $24.0900(-0.12%) |
Forecasted Low Price | 24.04(-0.2%) |
Forecasted High Price | 24.11(0.1%) |
Direction of Next Movement | Lower(-0.3%) |
% Change Needed to Confirm Rebound | 0.8% ((24.28)) |
% Change Needed for Trend Reversal | 0.9% |
Hourly Trend | -0.1% [$24.15(-0.03), $24.18(-0.01)] |
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 | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UUP decline at-0.1% a week (62% probability) UNG(33%) TLT(31%) VIXM(29%) BND(27%) BNDX(26%) |
Factors Impacting UUP price | UUP will decline at least -0.1% in a week (60% probabilities). HYXU(-75%) BWX(-65%) VGK(-54%) EWG(-54%) GDX(-42%) |
Trading Plan | Not Available |
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Valuation to SPY | -1.9 |
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Relative Volatility | -1 (options are cheap) |
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Market Trend Strength | -0.3% (StdDev 0.34%) |
Hourly BBV | -3.8 () |
Intraday Trend | -0.4% |
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