| UDOW latest price $50.1500 (4.11%) ($48.5300 - $50.5700) on Mon. Oct. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.93% (three month average) |
RSI | 60 |
Latest Price | $50.1500(4.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 2.6% a day on average for past five trading days. |
Weekly Trend | UDOW advances 5.1% a week on average for past two weeks. |
Market Behavior | Broad based 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(93%) VT(89%) XLI(89%) XLF(87%) XLB(81%) |
Factors Impacting UDOW price | UDOW will decline at least -1.965% in a week (0% probabilities). VIXM(-56%) UUP(-31%) VXX(-24%) TBT(-9%) 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 | -1.965% (StdDev 3.93%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.3% |
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