| SDY latest price $82.7500 (0.36%) ($82.4100 - $82.8600) on Mon. Jun. 6, 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 | $0.86 (1.06% one month average) |
Average Daily Percentage Swing | 0.63% (three month average) |
Weekly Trend Force | 0.3% (StdDev 0.63%) |
Daily Moving Force | 0.3% |
Correction Force | Weak (0%) |
Hourly Trend Strength | 0% |
Trend | 0.2% |
Trend Strength | 0.6% |
Trend Clarity | 0.28(0.3/0.86/81.31) |
RSI | 59 |
Momentum | 1.7 |
Latest Price | $82.7500(0.36%) |
Forecasted Low Price | 82.58(-0.2%) |
Forecasted High Price | 83.41(0.8%) |
Direction of Next Movement | Higher(0.7%) |
% Change Needed to Confirm Correction | 0.7% (82.19) |
% Change Needed for Trend Reversal | 1.5% |
Hourly Trend | 0.3% [$82.45(0.27), $82.19(0.18)] |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Complacency | 10 |
Intraday Reversal Probability | N/A. |
Daily Trend | SDY advances 0.2% a day on average for past five trading days. |
Weekly Trend | SDY advances 1.2% 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(91%) SPY(89%) |
Factors Impacting SDY price | SDY will advance at least -0% in a week (30% probabilities). TLT(-41%) VIXM(-34%) UUP(-22%) TIP(-13%) IPO(-7%) |
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 | 2.3 (options are extremely expensive) |
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Market Trend Strength | 0.4% (StdDev 0.63%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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