| SDY latest price $82.8900 (-0.62%) ($82.6500 - $83.1700) on Fri. Jun. 10, 2016. |
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| Trend Analysis and Forecast |
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Trend Pattern | Uptrend |
Trend Narrative | After Top |
Average Daily Price Swing | $1.15 (1.41% one month average) |
Average Daily Percentage Swing | 0.63% (three month average) |
Weekly Trend Force | 0.1% (StdDev 0.63%) |
Daily Moving Force | % |
Correction Force | Weak (0%) |
Trend | 0.22% |
Trend Strength | 1.1% |
RSI | 83 |
Momentum | 2.2 |
Latest Price | $82.8900(-0.62%) |
Forecasted Low Price | 82.72(-0.2%) |
Forecasted High Price | 83.39(0.6%) |
Direction of Next Movement | Higher(0.4%) |
% Change Needed for Trend Reversal | 0.6% |
Hourly Trend | -0.2% [$83.1(-0.13), $83.07(0.07)] |
Stocks Behave Similarly | Similar Stock List |
Complacency | 10 |
Intraday Reversal Probability | N/A. |
Daily Trend | SDY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SDY advances 1.3% 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 SDY advance at -0% 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 | 1.7 |
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Relative Volatility | 2.2 (options are extremely expensive) |
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Market Trend Strength | 0.1% (StdDev 0.63%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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