| SLS latest price $43.0000 (2.87%) ($41.0000 - $43.0000) on Thu. Jun. 16, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.99% (three month average) |
RSI | 75 |
Latest Price | $43.0000(2.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SLS advances 1.6% a day on average for past five trading days. |
Weekly Trend | SLS advances 4.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SLS advance at 0% a week (0% probability) XLU(8%) GDX(5%) XLRE(5%) GDXJ(4%) SHY(4%) |
Factors Impacting SLS price | SLS will decline at least -2.995% in a week (0% probabilities). USO(-8%) IPO(-7%) XOP(-4%) UNG(-4%) OIH(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.995% (StdDev 5.99%) |
Hourly BBV | 0 () |
Intraday Trend | 4.9% |
| |
|
|