| SDOW latest price $37.7300 (5.27%) ($34.7400 - $37.7300) on Wed. Sep. 21, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 63 |
Latest Price | $37.7300(5.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 1.9% a day on average for past five trading days. |
Weekly Trend | SDOW advances 3.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SDOW advance at 0% a week (0% probability) UUP(28%) VIXM(22%) TBT(12%) VXX(4%) SHY(-5%) |
Factors Impacting SDOW price | SDOW will decline at least -1.7% in a week (0% probabilities). IWD(-94%) IVE(-94%) SPY(-93%) SDY(-90%) IVW(-87%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.7% (StdDev 3.4%) |
Hourly BBV | 1.7 () |
Intraday Trend | 6.9% |
| |
|
|