| USLV latest price $66.6100 (-6.71%) ($63.4000 - $67.9400) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.39% (three month average) |
RSI | 74 |
Latest Price | $66.6100(-6.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | USLV advances 0.3% a day on average for past five trading days. |
Weekly Trend | USLV advances 11.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support USLV advance at 0% a week (0% probability) ICLN(38%) IDRV(35%) IPO(46%) SPLV(60%) IBB(59%) |
Factors Impacting USLV price | USLV will decline at least -4.695% in a week (0% probabilities). UUP(-56%) VIXM(-44%) EWY(2%) XOP(6%) PEJ(7%) |
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 | -4.695% (StdDev 9.39%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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