| USLV latest price $12.3700 (-0.08%) ($12.1050 - $12.5600) on Tue. Aug. 22, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.31% (three month average) |
RSI | 60 |
Latest Price | $12.3700(-0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | USLV advances 1.1% a day on average for past five trading days. |
Weekly Trend | USLV advances 4.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support USLV advance at 0% a week (0% probability) SLV(13%) GLD(12%) SIL(11%) GDX(9%) BWX(7%) |
Factors Impacting USLV price | USLV will decline at least -1.655% in a week (0% probabilities). UUP(-7%) TBT(-2%) XLK(-1%) VIXM(-1%) QQQ(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.655% (StdDev 3.31%) |
Hourly BBV | 0 () |
Intraday Trend | -1.2% |
| |
|
|