| INDA latest price $36.4500 (2.36%) ($36.3250 - $36.9000) on Mon. Nov. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 60 |
Latest Price | $36.4500(2.36%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | INDA advances 1.6% a day on average for past five trading days. |
Weekly Trend | INDA advances 0.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support INDA advance at 0% a week (0% probability) EEM(67%) EWG(62%) EWI(61%) SPY(61%) DIA(59%) |
Factors Impacting INDA price | INDA will decline at least -0.6% in a week (0% probabilities). VIXM(-39%) UUP(-30%) VXX(-14%) EDOC(-9%) TLT(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.6% (StdDev 1.2%) |
Hourly BBV | 1.3 () |
Intraday Trend | -1.1% |
| |
|
|