| USLV latest price $78.5600 (5.14%) ($78.5600 - $78.5600) on Wed. Dec. 11, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.26% (three month average) |
RSI | 43 |
Latest Price | $78.5600(5.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | USLV advances 0.2% a day on average for past five trading days. |
Weekly Trend | USLV declines -3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support USLV advance at 0% a week (0% probability) SLV(95%) GLD(70%) SIL(56%) CEMB(54%) EWG(50%) |
Factors Impacting USLV price | USLV will decline at least -2.13% in a week (0% probabilities). VXX(-41%) VIXM(-41%) IGOV(-16%) UUP(-14%) TBT(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.13% (StdDev 4.26%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|