| DRIP latest price $10.4000 (3.07%) ($9.9450 - $10.4000) on Wed. Sep. 20, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.66% (three month average) |
RSI | 52 |
Latest Price | $10.4000(3.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DRIP advances 1.4% a day on average for past five trading days. |
Weekly Trend | DRIP advances 0.7% 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) UUP(21%) EDOC(20%) VXX(8%) BNDX(4%) TBT(3%) |
Factors Impacting DRIP price | DRIP will decline at least -1.33% in a week (0% probabilities). XLE(-94%) OIH(-88%) USO(-67%) XME(-62%) XAR(-60%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.33% (StdDev 2.66%) |
Hourly BBV | 1.9 () |
Intraday Trend | 2.1% |
| |
|
|