| SLS latest price $59.0000 (7.27%) ($54.5000 - $59.5000) on Wed. Sep. 26, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.7% (three month average) |
RSI | 42 |
Latest Price | $59.0000(7.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SLS advances 1.3% a day on average for past five trading days. |
Weekly Trend | SLS declines -2.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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%) DRIV(7%) |
Factors Impacting SLS price | SLS will decline at least -3.35% in a week (0% probabilities). BWX(-6%) SHY(-5%) GDX(-4%) TLT(-3%) TIP(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.35% (StdDev 6.7%) |
Hourly BBV | 0 () |
Intraday Trend | 4.4% |
| |
|
|