| SDOW latest price $34.1700 (-0.2%) ($34.0800 - $35.8800) on Mon. May. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 11.98% (three month average) |
RSI | 51 |
Latest Price | $34.1700(-0.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 0.8% a day on average for past five trading days. |
Weekly Trend | SDOW declines -3.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SDOW advance at 0% a week (0% probability) VIXM(19%) UUP(8%) TLT(6%) VXX(6%) BNDX(0%) |
Factors Impacting SDOW price | SDOW will decline at least -5.99% in a week (0% probabilities). IWD(-30%) IVE(-30%) DIA(-30%) SPY(-28%) SDY(-28%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -5.99% (StdDev 11.98%) |
Hourly BBV | 0.4 () |
Intraday Trend | -3.1% |
| |
|
|