| IGOV latest price $49.8900 (0.12%) ($49.6700 - $49.9500) on Thu. Jun. 23, 2016. |
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| Trend Analysis and Forecast |
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Trend Pattern | Growing Uptrend |
Trend Narrative | Uptrend |
Average Daily Price Swing | $0.55 (1.11% one month average) |
Average Daily Percentage Swing | 0.51% (three month average) |
Weekly Trend Force | 0.1% (StdDev 0.51%) |
Daily Moving Force | % |
Correction Force | Weak (0%) |
Hourly Trend Strength | 0% |
Trend | 0.08% |
Trend Strength | 0.6% |
Trend Clarity | 0.09(0.1/0.55/49.36) |
RSI | 59 |
Momentum | 2.2 |
Latest Price | $49.8900(0.12%) |
Forecasted Low Price | 49.84(-0.1%) |
Forecasted High Price | 49.99(0.2%) |
Direction of Next Movement | Range(0.1%) |
% Change Needed to Confirm Correction | -100% (0) |
% Change Needed for Trend Reversal | 0.7% |
Hourly Trend | 0% [$0(0), $0(0)] |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Complacency | 0 |
Intraday Reversal Probability | N/A. |
Daily Trend | IGOV advances 0.1% a day on average for past five trading days. |
Weekly Trend | IGOV advances 0.2% 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 IGOV advance at -0% a week (63% probability) BWX(45%) SHY(34%) GLD(33%) TIP(31%) TLT(29%) |
Factors Impacting IGOV price | IGOV will advance at least -0% in a week (28% probabilities). UUP(-42%) TBT(-27%) XLF(-13%) JETS(-13%) IYT(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
Trading Plan | Not Available |
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Valuation to SPY | 2.3 |
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Relative Volatility | 0.6 (options are expensive) |
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Market Trend Strength | 0.1% (StdDev 0.51%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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