| UDOW latest price $66.5900 (5.2%) ($65.0500 - $66.6900) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.49% (three month average) |
RSI | 56 |
Latest Price | $66.5900(5.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 2.9% a day on average for past five trading days. |
Weekly Trend | UDOW declines -1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) VYM(82%) VT(78%) XLI(78%) XLF(76%) DIA(74%) |
Factors Impacting UDOW price | UDOW will decline at least -2.745% in a week (0% probabilities). VIXM(-58%) UUP(-30%) VXX(-25%) TLT(-6%) XLC(0%) |
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 | -2.745% (StdDev 5.49%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.9% |
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