| UDOW latest price $60.3400 (0.52%) ($59.5200 - $60.8100) on Mon. Jul. 17, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 68 |
Latest Price | $60.3400(0.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 1% a day on average for past five trading days. |
Weekly Trend | UDOW advances 1.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) IVE(92%) IWD(90%) XLF(90%) VYM(89%) SPY(88%) |
Factors Impacting UDOW price | UDOW will decline at least -1.005% in a week (0% probabilities). VXX(-67%) VIXM(-62%) TBT(-27%) UUP(-23%) USO(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.005% (StdDev 2.01%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1% |
| |
|
|