| DRIP latest price $13.7400 (9.57%) ($12.1400 - $13.8800) on Mon. Dec. 5, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.75% (three month average) |
RSI | 68 |
Latest Price | $13.7400(9.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DRIP advances 2.3% a day on average for past five trading days. |
Weekly Trend | DRIP advances 5.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DRIP advance at 0% a week (0% probability) SHY(22%) BNDX(20%) VIXM(7%) VXX(7%) VCSH(6%) |
Factors Impacting DRIP price | DRIP will decline at least -2.875% in a week (0% probabilities). OIH(-86%) IWD(-64%) IWN(-61%) IWM(-60%) IWO(-57%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.875% (StdDev 5.75%) |
Hourly BBV | 1.9 () |
Intraday Trend | 11.7% |
| |
|
|