| UDOW latest price $77.3200 (1.26%) ($76.9300 - $77.5900) on Fri. Aug. 6, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.64% (three month average) |
RSI | 74 |
Latest Price | $77.3200(1.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.4% a day on average for past five trading days. |
Weekly Trend | UDOW advances 1.4% 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(94%) VT(92%) XLI(91%) XLF(89%) XLB(85%) |
Factors Impacting UDOW price | UDOW will decline at least -3.32% in a week (0% probabilities). VIXM(-69%) UUP(-37%) VXX(-26%) TBT(-1%) TLT(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.32% (StdDev 6.64%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.4% |
| |
|
|