| SDY latest price $81.1900 (-2.73%) ($80.9700 - $82.3400) on Fri. Jun. 24, 2016. |
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| Trend Analysis and Forecast |
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Trend Pattern | Oversold |
Trend Narrative | Correction |
Average Daily Price Swing | $0.56 (0.68% one month average) |
Average Daily Percentage Swing | 0.7% (three month average) |
Weekly Trend Force | -0.2% (StdDev 0.7%) |
Daily Moving Force | -0.5% |
Rebound Strength | None(0%) |
Trend | -0.02% |
Latest Price | $81.1900(-2.73%) |
Forecasted Low Price | 80.95(-0.3%) |
Forecasted High Price | 81.92(0.9%) |
Direction of Next Movement | Higher(0.6%) |
% Change Needed to Confirm Rebound | 1.5% ((82.42)) |
% Change Needed for Trend Reversal | 1.8% |
Hourly Trend | -0.7% [$82.29(-0.58), $82.42(-0.31)] |
Stocks Behave Similarly | Similar Stock List |
Complacency | 3 |
Intraday Reversal Probability | N/A. |
Daily Trend | SDY declines -0.2% a day on average for past five trading days. |
Weekly Trend | SDY declines -0.4% 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 decline 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(-36%) UUP(-22%) TIP(-12%) IGOV(-8%) |
Trading Plan | Not Available |
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Valuation to SPY | 1.9 |
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Relative Volatility | -1.1 (options are cheap) |
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Market Trend Strength | -0.3% (StdDev 0.7%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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