| DRIP latest price $11.6300 (-0.43%) ($11.4610 - $11.9900) on Thu. Oct. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 70 |
Latest Price | $11.6300(-0.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DRIP advances 3.7% a day on average for past five trading days. |
Weekly Trend | DRIP advances 4.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DRIP advance at 0% a week (0% probability) UUP(24%) BNDX(5%) VXX(5%) TBT(3%) VIXM(-1%) |
Factors Impacting DRIP price | DRIP will decline at least -1.51% in a week (0% probabilities). XLE(-94%) OIH(-90%) USO(-70%) XME(-64%) XAR(-62%) |
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 | -1.51% (StdDev 3.02%) |
Hourly BBV | 0.6 () |
Intraday Trend | -3% |
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