| SDY latest price $101.7300 (5.65%) ($101.2100 - $104.1100) on Mon. Nov. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 60 |
Latest Price | $101.7300(5.65%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SDY advances 1.4% a day on average for past five trading days. |
Weekly Trend | SDY advances 0.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SDY advance at 0% a week (0% probability) IVE(93%) IWD(93%) IFRA(91%) DIA(88%) PAVE(88%) |
Factors Impacting SDY price | SDY will decline at least -0.7% in a week (0% probabilities). VIXM(-46%) UUP(-25%) VXX(-17%) EDOC(-9%) TLT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.7% (StdDev 1.4%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.3% |
| |
|
|