Thursday May 23, 2019 Change 3.36% Price $57.79
Chart period: 2019-02-25 - 2019-05-23
VOLUME
Buy
TREND
Sell
MV LONG
Sell

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Will USLV stock price go up or down on Tue, 28 May 2019?

Predict

3X Long Silver ETN Velocityshares Forecast and Stock Analysis

Technical USLV stock analysis for Thursday May 23, 2019.

Sell candidate since 2019-05-14 Loss -4.42%
Shorts n/a
Insider % n/a
Institutional % n/a
Beta 0.46
ROA n/a
Price to book n/a
P/E Ratio n/a
Next Earnings Date n/a


3X Long Silver ETN Velocityshares gained 3.36% in the last trading day ( Thursday, 23rd May 2019 ), rising from $55.91 to $57.79 During day the stock fluctuated 2.64% from a day low at $56.80 to a day high of $58.30. The price has risen in 6 of the last 10 days , but is still down by -3.75% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 43 541 more shares were traded than the day before. In total, 173 824 shares bought and sold for approximately $10.05 million.

Quick summary:

  • 30 day high of the USLV stock price was $64.63 and low was $55.05.
  • 90 day high was $79.40 and low was $55.05.
  • 52 week high for the 3X Long Silver ETN Velocityshares - $83.61 and low - $5.65.

Trend

3X Long Silver ETN Velocityshares lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -20.05% during the next 3 months and, with 90% probability hold a price between $41.48 and $49.13 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Wednesday May 22, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. 3X Long Silver ETN Velocityshares holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $61.74. On a fall, the stock will find some support from the short-term average at $57.14. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.

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Relative Strength Index (RSI)

The stock currently holds a RSI14 at 28 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

3X Long Silver ETN Velocityshares finds support from accumulated volume at $57.51.

Support: $57.51 Price: $57.79 Resistance: $63.47

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.50 between high and low, or 2.64%. For the last week, the stock has had a daily average volatility of 1.73%.

3X Long Silver ETN Velocityshares is oversold on RSI14 (28). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

1.73 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Stronger Sell Today USLV ranks #2187 as SELL CANDIDATE #2187 Weaker Sell

Will USLV stock price go up or down
on Tue, 28 May 2019?

Predict

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