| UDOW latest price $64.8700 (2%) ($63.0100 - $65.1600) on Wed. Jul. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.4% (three month average) |
RSI | 49 |
Latest Price | $64.8700(2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.7% a day on average for past five trading days. |
Weekly Trend | UDOW declines -0.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally 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 -2.7% 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 | -2.7% (StdDev 5.4%) |
Hourly BBV | -0.5 () |
Intraday Trend | 1.3% |
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