| USLV latest price $21.8300 (-8.39%) ($21.8100 - $23.2600) on Fri. Sep. 9, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.92% (three month average) |
RSI | 46 |
Latest Price | $21.8300(-8.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | USLV advances 0.4% a day on average for past five trading days. |
Weekly Trend | USLV advances 6% 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 USLV advance at 0% a week (0% probability) SLV(15%) GLD(13%) SIL(12%) GDX(10%) BWX(7%) |
Factors Impacting USLV price | USLV will decline at least -2.46% in a week (0% probabilities). UUP(-7%) TBT(-3%) XLK(-1%) VIXM(-1%) KWEB(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.46% (StdDev 4.92%) |
Hourly BBV | 0 () |
Intraday Trend | -6.1% |
| |
|
|