USLV Forecast and Technical Stock Analysis
Sell candidate since 2019-12-04 Gain 1.09% PDF
3X Long Silver ETN Velocityshares fell by -0.14% in the last day ( Friday, 13th Dec 2019 ) from $78.88 to $78.77 During the day the stock fluctuated 2.44% from a day low at $77.31 to a day high of $79.20. The price has risen in 6 of the last 10 days , but is still down by -2.27% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -93 740 shares and in total 261 351 shares bought and sold for approximately $20.59 million.
- 30 day high of the USLV stock price was $83.40 and low was $73.06.
- 90 day high was $111.96 and low was $73.06.
- 52 week high for 3X Long Silver ETN Velocityshares - $132.23 and low - $54.09.
3X Long Silver ETN Velocityshares lies in the middle of a very 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 -20.41% during the next 3 months and, with 90% probability hold a price between $50.92 and $72.07 at the end of this period.
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 buy signal 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 $83.67. On a fall, the stock will find some support from the short-term average at $76.73. 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. A sales signal was issued from a pivot top point on Thursday December 12, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 47 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
3X Long Silver ETN Velocityshares finds support from accumulated volume at $78.13.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.89 (2.44%) between high and low. For the last week, the stock has had daily average volatility of 3.28%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
3.28 %Average volatility
Very Low Low Medium High Very High
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!