| DLR latest price $60.1500 (1.37%) ($58.9800 - $60.9300) on Mon. Apr. 26, 2010. |
|
|
| Trend Analysis and Forecast |
| |
Trend Pattern | Overbought |
Trend Narrative | Breakout |
Average Daily Price Swing | $1.62 (2.88% one month average) |
Average Daily Percentage Swing | 1.4% (three month average) |
Weekly Trend Force | 0.7% (StdDev 1.4%) |
Daily Moving Force | 1.9% |
Correction Force | Weak (-0.5%) |
Trend | 0.38% |
Latest Price | $60.1500(1.37%) |
Forecasted Low Price | 59.61(-0.9%) |
Forecasted High Price | 60.6(0.75%) |
Direction of Next Movement | Range(-0.2%) |
% Change Needed to Confirm Correction | 3.5% (58.14) |
% Change Needed for Trend Reversal | 5.9% |
Hourly Trend | 2% [$59.31(1.16), $58.14(1.06)] |
Stocks Behave Similarly | Similar Stock List |
Complacency | 7 |
Intraday Reversal Probability | N/A. |
Daily Trend | DLR advances 1.9% a day on average for past five trading days. |
Weekly Trend | DLR advances 2.2% 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 (50% probability) XLU(52%) SPY(51%) XLP(51%) XLY(47%) XLK(46%) |
Factors Impacting DLR price | DLR will advance at least -0% in a week (11% probabilities). TLT(-15%) EDOC(-12%) DIA(-7%) VCSH(-6%) VCIT(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
Trading Plan | Buy the breakout |
| |
Valuation to SPY | 1 |
| |
Relative Volatility | 2.5 (options are extremely expensive) |
| |
Market Trend Strength | 0.7% (StdDev 1.4%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
| |
|
|