| DLR latest price $24.7900 (0.04%) ($24.6700 - $25.0600) on Thu. Jun. 29, 2006. |
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| Trend Analysis and Forecast |
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Trend Pattern | Growing Uptrend |
Trend Narrative | Uptrend Reversal |
Average Daily Price Swing | $0.59 (2.43% one month average) |
Average Daily Percentage Swing | 1.45% (three month average) |
Weekly Trend Force | 0.4% (StdDev 1.45%) |
Daily Moving Force | 0.4% |
Correction Force | Weak (0%) |
Trend | 0.34% |
Trend Strength | 1.1% |
RSI | 59 |
Momentum | 1.7 |
Latest Price | $24.7900(0.04%) |
Forecasted Low Price | 24.69(-0.4%) |
Forecasted High Price | 25.09(1.2%) |
Direction of Next Movement | Higher(0.9%) |
% Change Needed to Confirm Correction | 0.3% (24.71) |
% Change Needed for Trend Reversal | 1.7% |
Hourly Trend | 0.4% [$24.8(0.11), $24.71(0.1)] |
Stocks Behave Similarly | Similar Stock List |
Complacency | 8 |
Intraday Reversal Probability | N/A. |
Daily Trend | DLR advances 0.2% a day on average for past five trading days. |
Weekly Trend | DLR advances 2.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DLR advance at 0.1% a week (56% probability) IWM(58%) SPY(57%) XLY(57%) QQQ(53%) EEM(52%) |
Factors Impacting DLR price | DLR will advance at least 0% in a week (17% probabilities). TLT(-19%) SHY(-15%) TIP(-10%) REMX(1%) GLD(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
Trading Plan | Buy the reversal |
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Valuation to SPY | -2.3 |
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Relative Volatility | -0.8 (options are cheap) |
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Market Trend Strength | 0.5% (StdDev 1.45%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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