| DLR latest price $65.9600 (-1.71%) ($65.9100 - $67.4300) on Wed. Dec. 21, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Trend Pattern | Uptrend Dip |
Trend Narrative | Uptrend |
Average Daily Price Swing | $1.33 (2.07% one month average) |
Average Daily Percentage Swing | 2.09% (three month average) |
Weekly Trend Force | 0.1% (StdDev 2.09%) |
Daily Moving Force | 0.8% |
Correction Force | Weak (0%) |
Trend | 0.22% |
Latest Price | $65.9600(-1.71%) |
Forecasted Low Price | 65.63(-0.5%) |
Forecasted High Price | 67.48(2.3%) |
Direction of Next Movement | Higher(1.8%) |
% Change Needed to Confirm Correction | 0% (65.94) |
% Change Needed for Trend Reversal | 2.5% |
Hourly Trend | 0.8% [$66.58(0.52), $65.94(0.59)] |
Complacency | 5 |
Intraday Reversal Probability | N/A. |
Daily Trend | DLR advances 0.7% a day on average for past five trading days. |
Weekly Trend | DLR advances 1.2% 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 (47% probability) XLU(51%) XLP(50%) SPY(47%) XLK(44%) JNK(43%) |
Factors Impacting DLR price | DLR will advance at least -0% in a week (9% probabilities). EDOC(-12%) TLT(-10%) IDRV(-8%) ACES(-6%) GDXJ(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
Trading Plan | Not Available |
| |
Valuation to SPY | 1.7 |
| |
Relative Volatility | 2.8 (options are extremely expensive) |
| |
Market Trend Strength | 0.1% (StdDev 2.09%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
| |
|
|