| USLV latest price $62.7700 (2.94%) ($62.5000 - $64.5300) on Fri. Jun. 7, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.53% (three month average) |
RSI | 73 |
Latest Price | $62.7700(2.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | USLV advances 1.8% 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 rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support USLV advance at 0% a week (0% probability) SLV(95%) GLD(71%) SIL(60%) GDXJ(51%) GDX(50%) |
Factors Impacting USLV price | USLV will decline at least -1.265% in a week (0% probabilities). VXX(-27%) UUP(-17%) TBT(-16%) VIXM(-4%) IFRA(-2%) |
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 | -1.265% (StdDev 2.53%) |
Hourly BBV | 0 () |
Intraday Trend | -0% |
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