| UDOW latest price $54.6700 (-5.77%) ($54.4500 - $57.5500) on Wed. Nov. 9, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.12% (three month average) |
RSI | 74 |
Latest Price | $54.6700(-5.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.6% a day on average for past five trading days. |
Weekly Trend | UDOW advances 5.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) VYM(92%) VT(89%) XLI(88%) XLF(86%) XLB(81%) |
Factors Impacting UDOW price | UDOW will decline at least -2.06% in a week (0% probabilities). VIXM(-56%) UUP(-30%) VXX(-25%) TBT(-11%) EDOC(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.06% (StdDev 4.12%) |
Hourly BBV | -1.3 () |
Intraday Trend | -3.8% |
| |
|
|