| USLV latest price $67.0600 (4.5%) ($65.8400 - $67.3300) on Tue. Jun. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.97% (three month average) |
RSI | 51 |
Latest Price | $67.0600(4.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | USLV advances 1.7% a day on average for past five trading days. |
Weekly Trend | USLV declines -0.7% 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) EWG(83%) GDX(75%) JNK(80%) IBB(71%) ARKK(30%) |
Factors Impacting USLV price | USLV will decline at least -3.485% in a week (0% probabilities). ACES(17%) UNG(5%) JETS(21%) ARKG(26%) XLU(-76%) |
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 | -3.485% (StdDev 6.97%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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