| DLR latest price $38.3900 (2.95%) ($36.2300 - $39.3100) on Fri. Apr. 24, 2009. |
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| Trend Analysis and Forecast |
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Trend Pattern | Uptrend Reversal |
Trend Narrative | Correction |
Average Daily Price Swing | $2.1 (5.86% one month average) |
Average Daily Percentage Swing | 5.7% (three month average) |
Weekly Trend Force | 0.2% (StdDev 5.7%) |
Daily Moving Force | 2.5% |
Correction Force | Weak (0%) |
Trend | 0.06% |
Latest Price | $38.3900(2.95%) |
Forecasted Low Price | 37.85(-1.4%) |
Forecasted High Price | 39.96(4.1%) |
Direction of Next Movement | Range(2.7%) |
% Change Needed to Confirm Correction | 6.7% (35.99) |
% Change Needed for Trend Reversal | 7.8% |
Hourly Trend | 3.2% [$37(1.19), $35.99(0.77)] |
Complacency | 5 |
Intraday Reversal Probability | N/A. |
Daily Trend | DLR advances 1.1% a day on average for past five trading days. |
Weekly Trend | DLR declines -0.6% 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% a week (52% probability) SPY(56%) XLY(52%) IWM(51%) XLK(50%) XLP(50%) |
Factors Impacting DLR price | DLR will advance at least -0% in a week (10% probabilities). TLT(-15%) VXX(-9%) ROBT(-7%) ARKK(-6%) ACES(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
Trading Plan | Not Available |
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Valuation to SPY | 0.3 |
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Relative Volatility | -1.4 (options are cheap) |
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Market Trend Strength | 0.2% (StdDev 5.7%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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