| SLS latest price $59.0000 (8.26%) ($56.0000 - $61.5000) on Tue. Apr. 9, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.11% (three month average) |
RSI | 39 |
Latest Price | $59.0000(8.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SLS advances 3.5% a day on average for past five trading days. |
Weekly Trend | SLS declines -2.8% 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) IYT(7%) IBB(6%) SDY(6%) XBI(6%) XLF(6%) |
Factors Impacting SLS price | SLS will decline at least -2.055% in a week (0% probabilities). BWX(-7%) GDX(-5%) TIP(-4%) SIL(-4%) GLD(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.055% (StdDev 4.11%) |
Hourly BBV | 0 () |
Intraday Trend | 3.5% |
| |
|
|