| USLV latest price $77.6900 (4.14%) ($75.7500 - $78.0263) on Thu. Jan. 3, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 115.32% (three month average) |
| RSI | 73 |
| Latest Price | $77.6900(4.14%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | USLV advances 2.7% a day on average for past five trading days. |
| Weekly Trend | USLV advances 8.5% 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(96%) GLD(72%) SIL(61%) GDX(51%) CEMB(46%) |
| Factors Impacting USLV price | USLV will decline at least -57.66% in a week (0% probabilities).
VIXM(-26%) UUP(-26%) TBT(-16%) VXX(-9%) GDXJ(-9%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -57.66% (StdDev 115.32%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.3% |
| | |
| |
|