| SDOW latest price $33.1500 (-0.78%) ($32.9950 - $36.0450) on Thu. Feb. 24, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.97% (three month average) |
RSI | 70 |
Latest Price | $33.1500(-0.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 2.9% a day on average for past five trading days. |
Weekly Trend | SDOW advances 7.2% a week on average for past two weeks. |
Market Behavior | Growth 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(46%) UUP(33%) VXX(9%) TBT(7%) EDOC(-5%) |
Factors Impacting SDOW price | SDOW will decline at least -1.485% in a week (0% probabilities). SPY(-95%) IWD(-95%) IVE(-95%) SDY(-90%) IVW(-89%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.485% (StdDev 2.97%) |
Hourly BBV | 0.4 () |
Intraday Trend | -7.9% |
| |
|
|