| USLV latest price $27.2500 (-2.05%) ($26.5840 - $27.4400) on Thu. Jul. 14, 2016. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 4.7% (three month average) |
| RSI | 85 |
| Latest Price | $27.2500(-2.05%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | USLV advances 1.6% a day on average for past five trading days. |
| Weekly Trend | USLV advances 18.6% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support USLV advance at 0% a week (0% probability)
SLV(15%) GLD(14%) SIL(12%) GDX(11%) BWX(8%) |
| Factors Impacting USLV price | USLV will decline at least -2.35% in a week (0% probabilities).
IPO(-10%) UUP(-7%) IBUY(-4%) TBT(-3%) XLK(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -2.35% (StdDev 4.7%) |
| Hourly BBV | 0 () |
| Intraday Trend | 2.2% |
| | |
| |
|