| USLV latest price $70.7100 (2.33%) ($69.6880 - $71.0800) on Tue. Mar. 12, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 31 |
Latest Price | $70.7100(2.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | USLV advances 1.1% a day on average for past five trading days. |
Weekly Trend | USLV declines -6.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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%) GDXJ(51%) |
Factors Impacting USLV price | USLV will decline at least -1.445% in a week (0% probabilities). VIXM(-27%) UUP(-25%) TBT(-15%) VXX(-9%) IFRA(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.445% (StdDev 2.89%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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