| IDRV latest price $34.0550 (0.99%) ($33.6400 - $34.1000) on Thu. Dec. 7, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 55 |
Latest Price | $34.0550(0.99%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IDRV advances 0.4% a day on average for past five trading days. |
Weekly Trend | IDRV declines -0.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IDRV advance at 0% a week (0% probability) DRIV(93%) IVW(89%) IBUY(82%) XHB(82%) SPY(80%) |
Factors Impacting IDRV price | IDRV will decline at least -0.865% in a week (0% probabilities). VXX(-41%) VIXM(-39%) UUP(-25%) TBT(-25%) SHY(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.865% (StdDev 1.73%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.3% |
| |
|
|