| SDOW latest price $20.8300 (-0.9%) ($20.7180 - $21.1200) on Fri. Dec. 8, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.99% (three month average) |
RSI | 17 |
Latest Price | $20.8300(-0.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 0.1% a day on average for past five trading days. |
Weekly Trend | SDOW declines -4.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SDOW advance at 0% a week (0% probability) VIXM(40%) VXX(29%) UUP(16%) EDOC(-5%) BNDX(-8%) |
Factors Impacting SDOW price | SDOW will decline at least -0.995% in a week (0% probabilities). IVE(-83%) XLF(-89%) XLV(-85%) VYM(-84%) IWD(-84%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.995% (StdDev 1.99%) |
Hourly BBV | -2 () |
Intraday Trend | -1% |
| |
|
|