| UDOW latest price $54.2800 (-5.12%) ($54.1200 - $57.3000) on Tue. Mar. 7, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.71% (three month average) |
RSI | 32 |
Latest Price | $54.2800(-5.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.4% a day on average for past five trading days. |
Weekly Trend | UDOW declines -3% 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) IVE(92%) IWD(92%) VYM(91%) SPY(90%) VT(87%) |
Factors Impacting UDOW price | UDOW will decline at least -1.355% in a week (0% probabilities). VIXM(-56%) VXX(-29%) SHY(-23%) UUP(-14%) GLD(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.355% (StdDev 2.71%) |
Hourly BBV | -1.8 () |
Intraday Trend | -5% |
| |
|
|