| DRIP latest price $16.7400 (4.04%) ($16.1200 - $16.9100) on Wed. May. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.66% (three month average) |
RSI | 78 |
Latest Price | $16.7400(4.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DRIP advances 1.6% a day on average for past five trading days. |
Weekly Trend | DRIP advances 7.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support DRIP advance at 0% a week (0% probability) VXX(27%) VIXM(20%) UUP(13%) SHY(12%) BWX(11%) |
Factors Impacting DRIP price | DRIP will decline at least -2.33% in a week (0% probabilities). XLE(-93%) OIH(-86%) USO(-71%) VYM(-68%) IWN(-65%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.33% (StdDev 4.66%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.1% |
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