| SDOW latest price $27.7800 (3.27%) ($27.5300 - $28.1810) on Fri. Feb. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 66 |
Latest Price | $27.7800(3.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 1.6% a day on average for past five trading days. |
Weekly Trend | SDOW advances 3.5% 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) VIXM(57%) VXX(28%) SHY(20%) UUP(16%) TBT(8%) |
Factors Impacting SDOW price | SDOW will decline at least -1.385% in a week (0% probabilities). IVE(-92%) IWD(-91%) VYM(-90%) SPY(-90%) VT(-88%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.385% (StdDev 2.77%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.2% |
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