| SLS latest price $45.4000 (2.25%) ($45.0000 - $49.8020) on Mon. Jun. 20, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.97% (three month average) |
RSI | 74 |
Latest Price | $45.4000(2.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SLS advances 1.4% a day on average for past five trading days. |
Weekly Trend | SLS advances 2.6% a week on average for past two weeks. |
Market Behavior | Broad based 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 -2.985% 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 | -2.985% (StdDev 5.97%) |
Hourly BBV | 0 () |
Intraday Trend | -3% |
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