| SLS latest price $43.2000 (19.34%) ($40.8000 - $45.8000) on Wed. Jun. 1, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.36% (three month average) |
RSI | 85 |
Latest Price | $43.2000(19.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SLS advances 4.8% a day on average for past five trading days. |
Weekly Trend | SLS advances 19% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SLS advance at 0% a week (0% probability) XLU(8%) GDX(5%) XLRE(5%) GDXJ(4%) SHY(4%) |
Factors Impacting SLS price | SLS will decline at least -3.18% in a week (0% probabilities). USO(-8%) IPO(-7%) XOP(-4%) UNG(-4%) OIH(-4%) |
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 | -3.18% (StdDev 6.36%) |
Hourly BBV | 0 () |
Intraday Trend | 4.9% |
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