| DLR latest price $29.4800 (1.59%) ($28.8900 - $29.5700) on Fri. Aug. 18, 2006. |
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| Trend Analysis and Forecast |
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Trend Pattern | Growing Uptrend |
Trend Narrative | Uptrend |
Average Daily Price Swing | $1.02 (3.66% one month average) |
Average Daily Percentage Swing | 1.66% (three month average) |
Weekly Trend Force | 0.4% (StdDev 1.66%) |
Daily Moving Force | 0.9% |
Correction Force | Weak (0%) |
Trend | 0.38% |
Latest Price | $29.4800(1.59%) |
Forecasted Low Price | 29.36(-0.4%) |
Forecasted High Price | 29.98(1.7%) |
Direction of Next Movement | Higher(1.3%) |
% Change Needed to Confirm Correction | 2.3% (28.82) |
% Change Needed for Trend Reversal | 4.4% |
Hourly Trend | 0.9% [$29.13(0.25), $28.82(0.29)] |
Complacency | 7 |
Intraday Reversal Probability | N/A. |
Daily Trend | DLR advances 1.1% a day on average for past five trading days. |
Weekly Trend | DLR advances 1.7% 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%) DRIV(-8%) XLB(-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 1.66%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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