| DLR latest price $102.0600 (2.4%) ($99.6700 - $102.5400) on Tue. Jun. 7, 2016. |
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| Trend Analysis and Forecast |
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Trend Pattern | Growing Uptrend |
Trend Narrative | Breakout |
Average Daily Price Swing | $2.3 (2.41% one month average) |
Average Daily Percentage Swing | 1.17% (three month average) |
Weekly Trend Force | 0.7% (StdDev 1.17%) |
Daily Moving Force | 1.5% |
Correction Force | Very Strong (-1.8%) |
Trend | 0.48% |
Latest Price | $102.0600(2.4%) |
Forecasted Low Price | 98.79(-3.2%) |
Forecasted High Price | 102.72(0.65%) |
Direction of Next Movement | Lower(-2.9%) |
% Change Needed to Confirm Correction | 3.6% (98.54) |
% Change Needed for Trend Reversal | 6% |
Hourly Trend | 1.5% [$100.01(1.55), $98.54(1.43)] |
Stocks Behave Similarly | Similar Stock List |
Complacency | 10 |
Intraday Reversal Probability | N/A. |
Daily Trend | DLR advances 1.4% a day on average for past five trading days. |
Weekly Trend | DLR advances 2.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support DLR advance at 0.1% a week (58% probability) XLRE(71%) XLU(58%) XLP(56%) IVW(52%) IWF(51%) |
Factors Impacting DLR price | DLR will decline at least -0.1% in a week (14% probabilities). VIXM(-19%) UUP(-13%) TLT(-12%) DIA(-10%) IPO(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
Trading Plan | Buy the breakout |
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Valuation to SPY | 1.3 |
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Relative Volatility | -0.2 (options are faily valued) |
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Market Trend Strength | 0.7% (StdDev 1.17%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
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