| DLR latest price $12.7100 (-0.08%) ($12.5000 - $12.7400) on Fri. Nov. 19, 2004. |
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| Trend Analysis and Forecast |
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Trend Pattern | Overbought |
Trend Narrative | Downtrend Pop |
Average Daily Price Swing | $0.26 (0% one month average) |
Average Daily Percentage Swing | 0.8% (three month average) |
Weekly Trend Force | 0.4% (StdDev 0.8%) |
Daily Moving Force | 0.7% |
Correction Force | Very Strong (-1.2%) |
Trend | 0% |
Latest Price | $12.7100(-0.08%) |
Forecasted Low Price | 12.43(-2.2%) |
Forecasted High Price | 12.76(0.4%) |
Direction of Next Movement | Lower(-2%) |
% Change Needed to Confirm Correction | 1.1% (12.57) |
% Change Needed for Trend Reversal | 3.5% |
Hourly Trend | 0.6% [$12.64(0.08), $12.57(0.08)] |
Stocks Behave Similarly | Similar Stock List |
Complacency | 6 |
Intraday Reversal Probability | N/A. |
Daily Trend | DLR advances 0.7% a day on average for past five trading days. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DLR advance at 0% a week (4% probability) MJ(6%) CEMB(5%) JNK(3%) SHY(3%) UNG(3%) |
Factors Impacting DLR price | DLR will advance at least -0% in a week (9% probabilities). ROBT(-11%) ONLN(-9%) LQD(-8%) ARKK(-8%) IPO(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
Trading Plan | Short the Pop |
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Valuation to SPY | -2.4 |
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Relative Volatility | 2.2 (options are extremely expensive) |
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Market Trend Strength | 0.4% (StdDev 0.8%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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