| DLR latest price $29.0200 (-0.55%) ($28.7100 - $29.2500) on Thu. Aug. 17, 2006. |
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| Trend Analysis and Forecast |
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Trend Pattern | Growing Uptrend |
Trend Narrative | After Top |
Average Daily Price Swing | $1 (3.61% one month average) |
Average Daily Percentage Swing | 1.7% (three month average) |
Weekly Trend Force | 0.4% (StdDev 1.7%) |
Daily Moving Force | 1.1% |
Correction Force | Weak (0%) |
Trend | 0.36% |
Latest Price | $29.0200(-0.55%) |
Forecasted Low Price | 28.9(-0.4%) |
Forecasted High Price | 29.66(2.2%) |
Direction of Next Movement | Higher(1.8%) |
% Change Needed to Confirm Correction | 1.7% (28.53) |
% Change Needed for Trend Reversal | 3.3% |
Hourly Trend | 1.3% [$28.88(0.38), $28.53(0.29)] |
Complacency | 7 |
Intraday Reversal Probability | N/A. |
Daily Trend | DLR advances 0.9% a day on average for past five trading days. |
Weekly Trend | DLR advances 1.5% 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 (14% probabilities). TLT(-19%) SHY(-15%) TIP(-11%) UNG(-4%) BWX(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
Trading Plan | Not Available |
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Valuation to SPY | -2 |
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Relative Volatility | 1.1 (options are expensive) |
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Market Trend Strength | 0.5% (StdDev 1.7%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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