| IDRV latest price $41.5800 (-1.59%) ($40.9500 - $41.5900) on Thu. Jul. 6, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.53% (three month average) |
RSI | 56 |
Latest Price | $41.5800(-1.59%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IDRV advances 1.1% a day on average for past five trading days. |
Weekly Trend | IDRV advances 1.5% 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 IDRV advance at 0% a week (0% probability) LIT(86%) ACES(79%) EEM(78%) VWO(77%) IBUY(76%) |
Factors Impacting IDRV price | IDRV will decline at least -0.765% in a week (0% probabilities). VXX(-46%) VIXM(-46%) UUP(-33%) TBT(-24%) IGOV(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.765% (StdDev 1.53%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0.1% |
| |
|
|