| SLS latest price $93.5000 (7.47%) ($82.0000 - $95.5000) on Thu. Nov. 8, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.72% (three month average) |
RSI | 59 |
Latest Price | $93.5000(7.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SLS advances 2.4% a day on average for past five trading days. |
Weekly Trend | SLS advances 16.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SLS advance at 0% a week (0% probability) ARKG(8%) IBB(8%) IYT(8%) XBI(8%) IWM(7%) |
Factors Impacting SLS price | SLS will decline at least -4.86% in a week (0% probabilities). BWX(-6%) SHY(-5%) TLT(-4%) TIP(-4%) GLD(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.86% (StdDev 9.72%) |
Hourly BBV | 0 () |
Intraday Trend | 9.4% |
| |
|
|