| UDOW latest price $70.8900 (2.66%) ($69.4700 - $72.1860) on Wed. Jul. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.29% (three month average) |
RSI | 65 |
Latest Price | $70.8900(2.66%) |
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 4.3% a week on average for past two weeks. |
Market Behavior | Broad based 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(82%) VT(78%) XLI(78%) XLF(76%) DIA(73%) |
Factors Impacting UDOW price | UDOW will decline at least -2.645% 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 | -2.645% (StdDev 5.29%) |
Hourly BBV | 1 () |
Intraday Trend | -1.7% |
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