| SLS latest price $6.7100 (13.54%) ($5.8600 - $6.8000) on Thu. Jan. 7, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 25.2% (three month average) |
RSI | 39 |
Latest Price | $6.7100(13.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SLS advances 2.9% a day on average for past five trading days. |
Weekly Trend | SLS declines -8.4% 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) ARKK(44%) IBUY(44%) IPO(43%) ARKG(42%) IWO(42%) |
Factors Impacting SLS price | SLS will decline at least -12.6% in a week (0% probabilities). VIXM(-25%) VXX(-24%) UUP(-19%) XLU(-8%) TLT(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -12.6% (StdDev 25.2%) |
Hourly BBV | 0 () |
Intraday Trend | 14.5% |
| |
|
|