| IDRV latest price $39.7200 (-0.85%) ($39.5400 - $40.3300) on Wed. Jun. 21, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.46% (three month average) |
RSI | 70 |
Latest Price | $39.7200(-0.85%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IDRV advances 0.2% a day on average for past five trading days. |
Weekly Trend | IDRV advances 4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support IDRV advance at 0% a week (0% probability) LIT(87%) EEM(79%) VWO(77%) IBUY(76%) REMX(75%) |
Factors Impacting IDRV price | IDRV will decline at least -0.73% in a week (0% probabilities). VXX(-44%) VIXM(-44%) UUP(-34%) TBT(-23%) EDOC(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.73% (StdDev 1.46%) |
Hourly BBV | -0.7 () |
Intraday Trend | -0.9% |
| |
|
|