| USLV latest price $29.0300 (1.01%) ($28.9460 - $29.5787) on Tue. Oct. 21, 2014. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.95% (three month average) |
RSI | 58 |
Latest Price | $29.0300(1.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | USLV advances 0.4% a day on average for past five trading days. |
Weekly Trend | USLV advances 2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support USLV advance at 0% a week (0% probability) SLV(19%) GLD(16%) SIL(14%) GDX(13%) GDXJ(8%) |
Factors Impacting USLV price | USLV will decline at least -1.475% in a week (0% probabilities). UUP(-8%) XLK(-1%) VIXM(-1%) XBI(0%) QQQ(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.475% (StdDev 2.95%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
| |
|
|