| USLV latest price $19.1600 (2.41%) ($19.1400 - $19.9010) on Wed. Nov. 2, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.41% (three month average) |
RSI | 77 |
Latest Price | $19.1600(2.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | USLV advances 3% a day on average for past five trading days. |
Weekly Trend | USLV advances 4.3% 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) SLV(15%) GLD(13%) SIL(11%) GDX(10%) BWX(7%) |
Factors Impacting USLV price | USLV will decline at least -2.205% in a week (0% probabilities). UUP(-7%) TBT(-3%) XLK(-1%) VIXM(-1%) QQQ(-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 | -2.205% (StdDev 4.41%) |
Hourly BBV | 0 () |
Intraday Trend | -1.4% |
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