| UDOW latest price $69.1800 (2.7%) ($68.1410 - $69.5200) on Mon. Aug. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.78% (three month average) |
RSI | 51 |
Latest Price | $69.1800(2.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.2% a day on average for past five trading days. |
Weekly Trend | UDOW declines -1.5% a week on average for past two weeks. |
Market Behavior | Growth stock 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(81%) VT(78%) XLI(78%) XLF(76%) DIA(73%) |
Factors Impacting UDOW price | UDOW will decline at least -2.39% in a week (0% probabilities). VIXM(-58%) UUP(-30%) VXX(-25%) TLT(-6%) XLC(-1%) |
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 | -2.39% (StdDev 4.78%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.2% |
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