| DLR latest price $111.5800 (1.08%) ($109.0100 - $112.0700) on Sat. Jun. 30, 2018. |
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| Trend Analysis and Forecast |
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Trend Pattern | Oversold |
Trend Narrative | The Top |
Average Daily Price Swing | $1.5 (1.39% one month average) |
Average Daily Percentage Swing | 1.18% (three month average) |
Weekly Trend Force | 0.4% (StdDev 1.18%) |
Daily Moving Force | 0.5% |
Correction Force | Weak (0%) |
Trend | 0.22% |
Latest Price | $111.5800(1.08%) |
Forecasted Low Price | 111.25(-0.3%) |
Forecasted High Price | 112.92(1.2%) |
Direction of Next Movement | Higher(0.9%) |
% Change Needed to Confirm Correction | 1.7% (109.7) |
% Change Needed for Trend Reversal | 3.5% |
Hourly Trend | 0.4% [$110.16(0.48), $109.7(0.61)] |
Stocks Behave Similarly | Similar Stock List |
Complacency | 8 |
Intraday Reversal Probability | N/A. |
Daily Trend | DLR advances 0.7% a day on average for past five trading days. |
Weekly Trend | DLR advances 1.3% 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 (62% probability) XLRE(73%) XLP(61%) XLU(60%) IVW(57%) SPY(57%) |
Factors Impacting DLR price | DLR will advance at least -0% in a week (25% probabilities). VXX(-34%) TLT(-27%) DIA(-19%) VIXM(-16%) UUP(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
Trading Plan | Not Available |
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Valuation to SPY | -10.9 |
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Relative Volatility | 3.6 (options are extremely expensive) |
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Market Trend Strength | 0.4% (StdDev 1.18%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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