| USLV latest price $16.8500 (-1%) ($16.4502 - $17.9700) on Fri. Apr. 22, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.51% (three month average) |
RSI | 92 |
Latest Price | $16.8500(-1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | USLV advances 2.6% a day on average for past five trading days. |
Weekly Trend | USLV advances 16.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support USLV advance at 0% a week (0% probability) SLV(16%) GLD(14%) SIL(12%) GDX(11%) BWX(8%) |
Factors Impacting USLV price | USLV will decline at least -2.255% in a week (0% probabilities). IPO(-10%) UUP(-7%) IBUY(-6%) TBT(-3%) XLK(-1%) |
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 | -2.255% (StdDev 4.51%) |
Hourly BBV | 0 () |
Intraday Trend | -3.7% |
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