| USLV latest price $77.0600 (-0.81%) ($75.5900 - $78.0500) on Fri. Jan. 4, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 115.32% (three month average) |
| RSI | 71 |
| Latest Price | $77.0600(-0.81%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | USLV advances 1.7% a day on average for past five trading days. |
| Weekly Trend | USLV advances 9.7% 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 USLV advance at 0% a week (0% probability)
SLV(96%) GLD(72%) SIL(61%) GDX(51%) CEMB(46%) |
| Factors Impacting USLV price | USLV will decline at least -57.66% in a week (0% probabilities).
VIXM(-26%) UUP(-26%) TBT(-16%) VXX(-9%) GDXJ(-9%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -57.66% (StdDev 115.32%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.1% |
| | |
| |
|