| UDOW latest price $59.3100 (0.2%) ($56.8000 - $59.4650) on Wed. Jan. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.28% (three month average) |
RSI | 56 |
Latest Price | $59.3100(0.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.8% a day on average for past five trading days. |
Weekly Trend | UDOW declines -0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) IWD(92%) IVE(91%) VYM(91%) SPY(89%) VT(87%) |
Factors Impacting UDOW price | UDOW will decline at least -1.64% in a week (0% probabilities). VIXM(-58%) VXX(-28%) SHY(-19%) UUP(-16%) TBT(-5%) |
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 | -1.64% (StdDev 3.28%) |
Hourly BBV | 1 () |
Intraday Trend | 2.8% |
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