| UDOW latest price $53.8100 (-2.11%) ($53.5500 - $55.0500) on Tue. May. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.46% (three month average) |
RSI | 44 |
Latest Price | $53.8100(-2.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.1% a day on average for past five trading days. |
Weekly Trend | UDOW declines -0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) IVE(92%) IWD(90%) VYM(89%) XLF(88%) SPY(87%) |
Factors Impacting UDOW price | UDOW will decline at least -1.23% in a week (0% probabilities). VXX(-63%) VIXM(-58%) TBT(-22%) UUP(-18%) SHY(1%) |
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 | -1.23% (StdDev 2.46%) |
Hourly BBV | -1.9 () |
Intraday Trend | -1.1% |
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