| UDOW latest price $68.5100 (6.33%) ($65.8300 - $69.0700) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.4% (three month average) |
RSI | 86 |
Latest Price | $68.5100(6.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 1.8% a day on average for past five trading days. |
Weekly Trend | UDOW advances 11.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) VYM(83%) XLI(80%) VT(79%) XLF(77%) DIA(76%) |
Factors Impacting UDOW price | UDOW will decline at least -5.7% in a week (0% probabilities). VIXM(-61%) UUP(-30%) VXX(-27%) TLT(-9%) XLC(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -5.7% (StdDev 11.4%) |
Hourly BBV | 1.8 () |
Intraday Trend | 3.3% |
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