| SLS latest price $52.3950 (2.74%) ($50.0000 - $52.5000) on Wed. Aug. 29, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.55% (three month average) |
RSI | 51 |
Latest Price | $52.3950(2.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SLS advances 2.8% a day on average for past five trading days. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SLS advance at 0% a week (0% probability) IBB(9%) XBI(9%) ARKG(8%) IYT(8%) IWM(7%) |
Factors Impacting SLS price | SLS will decline at least -3.275% in a week (0% probabilities). BWX(-6%) SHY(-5%) IFRA(-4%) GDX(-4%) TLT(-3%) |
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 | -3.275% (StdDev 6.55%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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