| USLV latest price $24.4500 (-4.23%) ($24.2700 - $25.2500) on Wed. Sep. 7, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5% (three month average) |
RSI | 48 |
Latest Price | $24.4500(-4.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | USLV advances 3.6% a day on average for past five trading days. |
Weekly Trend | USLV advances 0.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support USLV advance at 0% a week (0% probability) SLV(15%) GLD(13%) SIL(12%) GDX(11%) BWX(7%) |
Factors Impacting USLV price | USLV will decline at least -2.5% in a week (0% probabilities). IPO(-10%) UUP(-7%) TBT(-3%) XLK(-1%) VIXM(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.5% (StdDev 5%) |
Hourly BBV | 0 () |
Intraday Trend | -3.1% |
| |
|
|