| SDY latest price $82.3500 (0.44%) ($81.7600 - $82.3500) on Thu. Jun. 2, 2016. |
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| Trend Analysis and Forecast |
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Trend Pattern | Growing Uptrend |
Trend Narrative | Growing Uptrend |
Average Daily Price Swing | $0.74 (0.91% one month average) |
Average Daily Percentage Swing | 0.64% (three month average) |
Weekly Trend Force | 0.2% (StdDev 0.64%) |
Daily Moving Force | 0.1% |
Correction Force | Weak (0%) |
Trend | 0.12% |
Trend Strength | 0.2% |
RSI | 53 |
Momentum | 1.4 |
Latest Price | $82.3500(0.44%) |
Forecasted Low Price | 82.19(-0.2%) |
Forecasted High Price | 82.76(0.5%) |
Direction of Next Movement | Higher(0.4%) |
% Change Needed to Confirm Correction | 0.6% (81.89) |
% Change Needed for Trend Reversal | 1.6% |
Hourly Trend | 0.1% [$81.92(0.08), $81.89(0.13)] |
Stocks Behave Similarly | Similar Stock List |
Complacency | 8 |
Intraday Reversal Probability | N/A. |
Daily Trend | SDY advances 0.2% a day on average for past five trading days. |
Weekly Trend | SDY advances 0.8% 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 SDY advance at 0.1% a week (96% probability) IWD(96%) VYM(96%) IVE(95%) IWN(92%) SPY(90%) |
Factors Impacting SDY price | SDY will advance at least -0% in a week (31% probabilities). TLT(-42%) VIXM(-35%) UUP(-22%) TIP(-12%) IGOV(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
Trading Plan | Not Available |
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Valuation to SPY | 1.5 |
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Relative Volatility | 1.4 (options are expensive) |
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Market Trend Strength | 0.3% (StdDev 0.64%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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