| USLV latest price $70.7900 (10.8%) ($63.1100 - $70.8000) on Wed. Jun. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.55% (three month average) |
RSI | 53 |
Latest Price | $70.7900(10.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | USLV advances 1.3% a day on average for past five trading days. |
Weekly Trend | USLV advances 0.8% a week on average for past two weeks. |
Market Behavior | Value stocks 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) GDX(82%) GDXJ(81%) SIL(84%) XLV(80%) XLC(92%) |
Factors Impacting USLV price | USLV will decline at least -4.775% in a week (0% probabilities). VIXM(-67%) UNG(3%) MCHI(13%) JETS(13%) KWEB(15%) |
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 | -4.775% (StdDev 9.55%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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