| IDRV latest price $34.5800 (-4.48%) ($34.5600 - $35.7120) on Wed. Dec. 20, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 60 |
Latest Price | $34.5800(-4.48%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IDRV advances 0.3% a day on average for past five trading days. |
Weekly Trend | IDRV advances 3.3% 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) DRIV(96%) PAVE(95%) IBUY(93%) IVE(90%) XHB(90%) |
Factors Impacting IDRV price | IDRV will decline at least -0.98% in a week (0% probabilities). TBT(-30%) UUP(-22%) SHY(-14%) SPLV(8%) VCSH(24%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.98% (StdDev 1.96%) |
Hourly BBV | -2.8 () |
Intraday Trend | -2.8% |
| |
|
|