| USLV latest price $65.2200 (0.96%) ($60.6100 - $66.7100) on Fri. Jun. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.4% (three month average) |
RSI | 50 |
Latest Price | $65.2200(0.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | USLV advances 0.1% a day on average for past five trading days. |
Weekly Trend | USLV declines -0.4% a week on average for past two weeks. |
Market Behavior | Broad based 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) SIL(74%) XBI(49%) IBB(75%) ONLN(37%) ARKG(34%) |
Factors Impacting USLV price | USLV will decline at least -3.2% in a week (0% probabilities). ACES(19%) UNG(4%) VXX(-37%) VWO(9%) JETS(17%) |
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 | -3.2% (StdDev 6.4%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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