| SDOW latest price $16.8000 (-1.98%) ($16.7390 - $17.4400) on Thu. Oct. 22, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.99% (three month average) |
RSI | 37 |
Latest Price | $16.8000(-1.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 0.2% a day on average for past five trading days. |
Weekly Trend | SDOW declines -1.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SDOW advance at 0% a week (0% probability) VIXM(16%) UUP(7%) VXX(5%) TLT(4%) EDOC(2%) |
Factors Impacting SDOW price | SDOW will decline at least -1.495% in a week (0% probabilities). IWD(-27%) IVE(-27%) DIA(-27%) SPY(-25%) SDY(-25%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.495% (StdDev 2.99%) |
Hourly BBV | -0.6 () |
Intraday Trend | -1.9% |
| |
|
|