| UDOW latest price $58.8400 (-0.19%) ($57.8960 - $59.1000) on Tue. Apr. 18, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 84 |
Latest Price | $58.8400(-0.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.5% a day on average for past five trading days. |
Weekly Trend | UDOW advances 3.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) IVE(92%) IWD(91%) SPY(89%) VYM(89%) XLF(88%) |
Factors Impacting UDOW price | UDOW will decline at least -1.22% in a week (0% probabilities). VXX(-65%) VIXM(-59%) UUP(-17%) TBT(-15%) SHY(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.22% (StdDev 2.44%) |
Hourly BBV | 1.7 () |
Intraday Trend | -0.2% |
| |
|
|