| SDY latest price $122.2500 (-0.33%) ($122.2500 - $123.1600) on Thu. Aug. 31, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.77% (three month average) |
RSI | 37 |
Latest Price | $122.2500(-0.33%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SDY advances 0.3% a day on average for past five trading days. |
Weekly Trend | SDY declines -0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SDY advance at 0% a week (0% probability) IWD(94%) VYM(93%) IFRA(92%) IVE(88%) IWN(88%) |
Factors Impacting SDY price | SDY will decline at least -0.385% in a week (0% probabilities). VXX(-55%) VIXM(-49%) TBT(-36%) UUP(-30%) USO(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.385% (StdDev 0.77%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.5% |
| |
|
|