| SDOW latest price $22.4800 (0.63%) ($22.2200 - $22.6600) on Thu. Aug. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.88% (three month average) |
RSI | 31 |
Latest Price | $22.4800(0.63%) |
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 -2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SDOW advance at 0% a week (0% probability) VXX(68%) VIXM(64%) TBT(29%) UUP(24%) USO(1%) |
Factors Impacting SDOW price | SDOW will decline at least -0.94% in a week (0% probabilities). IVE(-92%) SPY(-90%) IWD(-90%) XLF(-89%) VYM(-89%) |
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 | -0.94% (StdDev 1.88%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.4% |
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