| UDOW latest price $64.8700 (4.23%) ($61.6600 - $64.9700) on Fri. Jul. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.39% (three month average) |
RSI | 52 |
Latest Price | $64.8700(4.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.5% a day on average for past five trading days. |
Weekly Trend | UDOW advances 0.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value 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(73%) |
Factors Impacting UDOW price | UDOW will decline at least -2.695% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.695% (StdDev 5.39%) |
Hourly BBV | 1.5 () |
Intraday Trend | 4.3% |
| |
|
|