| UDOW latest price $71.9200 (1.77%) ($70.1900 - $72.2000) on Wed. Jul. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.95% (three month average) |
RSI | 70 |
Latest Price | $71.9200(1.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.3% a day on average for past five trading days. |
Weekly Trend | UDOW advances 4.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) VYM(81%) VT(78%) XLI(78%) XLF(75%) DIA(73%) |
Factors Impacting UDOW price | UDOW will decline at least -2.475% 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 | -2.475% (StdDev 4.95%) |
Hourly BBV | 0.8 () |
Intraday Trend | 2.5% |
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