| DRIP latest price $15.3000 (3.17%) ($14.4200 - $15.5200) on Mon. Dec. 19, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.66% (three month average) |
RSI | 75 |
Latest Price | $15.3000(3.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DRIP advances 0.8% a day on average for past five trading days. |
Weekly Trend | DRIP advances 7% 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(24%) BNDX(22%) VCSH(8%) VXX(7%) ARKK(5%) |
Factors Impacting DRIP price | DRIP will decline at least -2.83% in a week (0% probabilities). OIH(-86%) IWD(-63%) IWN(-60%) IWM(-59%) IWO(-56%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.83% (StdDev 5.66%) |
Hourly BBV | 1.3 () |
Intraday Trend | 5% |
| |
|
|