| SDOW latest price $25.8400 (2.95%) ($25.1300 - $26.0000) on Wed. Oct. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.71% (three month average) |
RSI | 53 |
Latest Price | $25.8400(2.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 0.3% a day on average for past five trading days. |
Weekly Trend | SDOW declines -1.8% 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) VXX(53%) VIXM(46%) TBT(24%) UUP(21%) GLD(15%) |
Factors Impacting SDOW price | SDOW will decline at least -0.855% in a week (0% probabilities). XLF(-91%) IVE(-91%) VYM(-90%) SPY(-90%) IWD(-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 | -0.855% (StdDev 1.71%) |
Hourly BBV | 2.3 () |
Intraday Trend | 2.5% |
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