Trading Signals: SIL Stock Price Prediction and Forecast

^ SIL: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Mon. Aug. 10, 2020

Trading Signals: SIL Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Mon. Aug. 10, 2020)

(Global X Silver Miners ETF)

SIL latest price $49.5700 (0.47%) ($49.1800 - $51.3850) on Mon. Aug. 10, 2020.

Trend and Trading Plan

Trend Narrative Uptrend Consolidation
Trading Plan Not Available

Valuation to SPY 0.6

Relative Volatility 0.8 (options are expensive)

Hourly Trend -1.95% [$49.84(-0.94), $50.83(0.22)]
Last Hour Trend -0.46% [$49.66, $49.89]

SIL Next Day Price Forecast

Bullish Probability   55%
Bullish Price Move   2.9%
Bearish Probability   45%
Bearish Price Move   -2.9%
Recommended Position Size   3%
Latest Price   $49.5700
Next Day Open Price   $49.11(-0.92%)
1 - 5 Day Target Price   $49.26(-0.62%)
1 - 5 Day Price Range   $48.48 - $51.61
Inflection Point   Yes
Support Level   $46.83
To recent high   -3.8%
To recent low   55.1%

Option Sentiment

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. SIL price fluctuates within 8.8% (three month std-dev: 2.94% one year average std_dev: 0%) daily (68% of days).
$. SIL price fluctuates within 0% weekly (one year average std_dev: %).
$. SIL is 50% correlated to SPY, and 51% correlated to QQQ.

Analysis News Options Weekly Chart Daily Chart Hourly Chart 5 Minute Chart

i	Date	To High-Low	ema20 Trend	ema10 Trend	ema5 Trend	Hourly Trend	Last Hour	EMA Ratio	BBV	RV	RVT	Volume millions	Close	ActualPriceRange	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	RSI
1	Aug_10_2020	-3.8%-55.1%	0.7(-0)	0.4(-0.1)	0.1	-0.6	-0.46%	5.7%	0.7	0.6	0.8	0.97	49.57(0.47%)	49.18-51.39	Uptrend Consolidation	49.26(-0.62%)	48.48-51.61	67
2	Aug_7_2020	-4.2%-54.4%	0.7(-0)	0.5(-0.1)	0	0	0.5%	7%	0.7	0.7	1.1	0.94	49.34(-4.14%)	48.52-50.43	Uptrend Consolidation	49.09(-0.5%)	48.2-51.78	70
3	Aug_6_2020	-0.1%-62%	0.7(0)	0.6(-0)	0.2	1.2	0.14%	7.6%	1.3	1.3	1.2	1.38	51.47(-0.12%)	50.6-52.87	Uptrend	54.39(5.68%)	50.23-56.18	79
4	Aug_5_2020	0%-62.2%	0.7(-0)	0.7(-0.1)	0.1	0.9	0.39%	7.8%	1.4	1.5	1.3	1.21	51.53(2.04%)	50.55-52.87	Uptrend	54.43(5.62%)	50.16-56.25	82
5	Aug_4_2020	0%-59%	0.7(-0)	0.8(-0.1)	0.1	0.3	0.32%	8.2%	1.4	1.4	1.3	1.02	50.5(4.77%)	47.5-50.59	Uptrend Consolidation	49.29(-2.39%)	47.8-53.77	77

6	Aug_3_2020	-3.6%-51.7%	0.7(-0.1)	0.9(-0.2)	-0.1	-0	0.4%	8.4%	1	1	1.4	0.82	48.2(-0.29%)	47.15-48.67	Uptrend Consolidation	47.65(-1.15%)	46.3-51.68	76
7	Jul_31_2020	-3.3%-52.2%	0.8(-0)	1(-0)	0.1	-0.6	0.08%	8.7%	1.1	1.2	1.6	0.66	48.34(2.11%)	47.67-48.45	Uptrend	52.38(8.35%)	47.26-54.57	78
8	Jul_30_2020	-5.3%-52.8%	0.8(-0)	1(0)	0.1	-0.3	0.02%	8.7%	1	1.2	1.8	0.91	47.34(-3.6%)	46.54-48.35	Uptrend	51.63(9.06%)	46.37-53.88	72
9	Jul_29_2020	-1.8%-58.5%	0.8(0)	1(-0)	0.1	0.3	0.75%	8.3%	1.6	1.7	2.1	1.07	49.11(-0.26%)	48.02-49.86	Uptrend Relative Overbought	52.73(7.38%)	44.51-59.46	78
10	Jul_28_2020	-1.5%-58.9%	0.8(0)	1.1(0)	0.2	1.2	0.08%	7.9%	1.8	2.1	2.2	1.21	49.24(-1.5%)	48.55-50.1	Uptrend Relative Overbought	52.43(6.48%)	44.01-59.32	78

11	Jul_27_2020	0%-61.3%	0.8(0.1)	1.1(0.1)	0.3	0.6	0.16%	7.3%	2.3	2.5	2.3	2.36	49.99(6.57%)	49.32-50.45	Growing Uptrend Relative Overbought	52.61(5.25%)	43.8-59.83	83
12	Jul_24_2020	0%-51.4%	0.8(0)	1(0.1)	0.3	0.3	0.4%	6.4%	1.9	2.3	2.3	1.17	46.91(3.1%)	45.75-47.16	Uptrend Relative Overbought	49.2(4.89%)	42.6-54.61	82
13	Jul_23_2020	-2.7%-46.8%	0.8(0.1)	1(0.1)	0.3	1.2	-1.08%	6.1%	1.8	2.1	2.4	1.45	45.5(-2.67%)	44.54-47.22	Growing Uptrend Relative Overbought	47.57(4.56%)	41.83-52.28	82
14	Jul_22_2020	0%-54.1%	0.8(0.1)	1(0.1)	0.4	1.8	-0.17%	5.9%	2.5	2.8	2.6	1.87	46.75(4.89%)	45.6-46.99	Growing Uptrend Overbought	47.74(2.11%)	41.48-52.85	83
15	Jul_21_2020	0%-54.9%	0.8(0.1)	1(0.1)	0.4	2.1	0%	5.4%	2.4	2.6	2.1	1.81	44.57(3.31%)	44.31-45.56	Growing Uptrend Overbought	45.09(1.17%)	40.57-48.79	78

16	Jul_20_2020	0%-49.9%	0.9(0.1)	1(0.2)	0.4	1.2	0.37%	4.8%	2.3	1.9	1.6	0.95	43.14(4.86%)	41.75-43.42	Growing Uptrend Overbought	43.37(0.54%)	39.77-46.32	79
17	Jul_17_2020	0%-45.2%	0.8(0)	0.9(0)	0.2	0.6	0.12%	4.4%	1.8	1.1	1.5	0.94	41.14(3.97%)	39.98-41.23	Uptrend	41.99(2.06%)	40.37-42.68	77
18	Jul_16_2020	-2.1%-39.7%	0.7(0.1)	0.8(-0.1)	0	0.6	-0.03%	4.3%	1.2	0.5	1.7	0.46	39.57(-2.1%)	39.2-40.46	Uptrend	40.4(2.1%)	39.02-40.99	74
19	Jul_15_2020	0%-42.7%	0.7(0)	0.9(-0)	0.1	-0	0.1%	4.4%	1.7	0.9	2.1	0.63	40.42(1.94%)	39.22-40.62	Uptrend	41.32(2.23%)	39.67-42.03	81
20	Jul_14_2020	0%-40%	0.6(0.1)	0.9(0.1)	0.2	-0.3	0.08%	4.4%	1.5	0.7	2.3	0.42	39.65(2.93%)	37.91-39.75	Uptrend	40.53(2.23%)	38.99-41.2	68

21	Jul_13_2020	-2.4%-36%	0.6(0)	0.9(0)	0.2	0.3	-1.12%	4.1%	1.2	0.4	2.4	0.75	38.52(-2.41%)	38.41-40.84	Uptrend	39.32(2.07%)	38.06-39.86	67
22	Jul_10_2020	0%-39.3%	0.6(0.1)	0.9(0)	0.3	0.9	0.08%	4%	1.8	0.5	3	0.43	39.47(0.2%)	39.02-39.98	Uptrend	40.21(1.87%)	38.73-40.84	79
23	Jul_9_2020	0%-42.6%	0.5(0)	0.9(0.1)	0.3	1.8	0.48%	3.8%	2	0.6	3.2	1.15	39.39(0.33%)	38.45-40.25	Uptrend	39.92(1.34%)	38.59-40.49	81
24	Jul_8_2020	0%-53.9%	0.5(0.1)	0.9(-0)	0.3	1.5	-0.18%	3%	2.3	0.5	2.3	1.21	39.26(4.47%)	38.35-39.35	Uptrend Overbought	38.92(-0.87%)	36.89-40.58	75
25	Jul_7_2020	0%-48%	0.5(0.2)	1.1(0)	0.3	0.6	-0.08%	2.8%	1.7	0.1	1	0.87	37.58(1.9%)	36.71-37.9	Uptrend	37.94(0.97%)	37.11-38.3	72
i	Date	To High-Low	ema20 Trend	ema10 Trend	ema5 Trend	Hourly Trend	Last Hour	EMA Ratio	BBV	RV	RVT	Volume millions	Close	5 Day Target	Trend Narrative	5 Day Price Change	SRI	RSI