| USLV latest price $65.0300 (6.64%) ($63.5510 - $66.3900) on Fri. Jun. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.28% (three month average) |
RSI | 39 |
Latest Price | $65.0300(6.64%) |
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 -4.6% 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) SIL(79%) GDX(83%) GDXJ(77%) VYM(77%) XLP(67%) |
Factors Impacting USLV price | USLV will decline at least -3.64% in a week (0% probabilities). JETS(11%) PEJ(30%) UNG(7%) SDY(38%) IWC(39%) |
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 | -3.64% (StdDev 7.28%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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