| SDOW latest price $27.0700 (0.37%) ($26.8600 - $27.4450) on Tue. May. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.4% (three month average) |
RSI | 62 |
Latest Price | $27.0700(0.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 0.5% a day on average for past five trading days. |
Weekly Trend | SDOW advances 2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SDOW advance at 0% a week (0% probability) VXX(61%) VIXM(56%) TBT(24%) UUP(19%) SHY(-2%) |
Factors Impacting SDOW price | SDOW will decline at least -1.2% in a week (0% probabilities). IVE(-90%) IWD(-89%) VYM(-88%) XLF(-87%) SPY(-86%) |
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 | -1.2% (StdDev 2.4%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0.4% |
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