| USLV latest price $80.1700 (-3.34%) ($78.9070 - $82.1000) on Thu. Jul. 25, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 82 |
Latest Price | $80.1700(-3.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | USLV advances 0.2% a day on average for past five trading days. |
Weekly Trend | USLV advances 13.1% 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(95%) GLD(72%) SIL(60%) GDXJ(50%) GDX(49%) |
Factors Impacting USLV price | USLV will decline at least -1.505% in a week (0% probabilities). VIXM(-30%) VXX(-28%) UUP(-15%) TBT(-14%) IFRA(-3%) |
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 | -1.505% (StdDev 3.01%) |
Hourly BBV | 0 () |
Intraday Trend | -2.3% |
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