| UDOW latest price $84.7600 (1.86%) ($83.5300 - $85.9700) on Thu. Aug. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.19% (three month average) |
RSI | 77 |
Latest Price | $84.7600(1.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 1.6% a day on average for past five trading days. |
Weekly Trend | UDOW advances 3% a week on average for past two weeks. |
Market Behavior | Value stock 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 -2.095% in a week (0% probabilities). VIXM(-58%) UUP(-30%) VXX(-25%) TLT(-5%) EDOC(-2%) |
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 | -2.095% (StdDev 4.19%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.8% |
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