| USLV latest price $81.8000 (1.73%) ($81.8000 - $81.8000) on Fri. Dec. 20, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.89% (three month average) |
RSI | 55 |
Latest Price | $81.8000(1.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | USLV advances 0.8% a day on average for past five trading days. |
Weekly Trend | USLV advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support USLV advance at 0% a week (0% probability) SLV(95%) GLD(70%) SIL(56%) CEMB(54%) EWG(51%) |
Factors Impacting USLV price | USLV will decline at least -1.945% in a week (0% probabilities). VXX(-43%) VIXM(-42%) IGOV(-16%) UUP(-14%) TBT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.945% (StdDev 3.89%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|