Trading Signals: SIL Stock Price Prediction and Forecast

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

Thu. Apr. 15, 2021

Trading Signals: SIL Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Thu. Apr. 15, 2021)

(Global X Silver Miners ETF)
SIL latest price $44.0300 (4.56%) ($42.4700 - $44.1100) on Thu. Apr. 15, 2021.

Trend Analysis and Forecast

Trend Pattern   Growing Uptrend
Trend Narrative   N/A
Average Daily Price Swing   $1.38 (3.32% one month average)
Average Daily Percentage Swing   3.34% (three month average)
Weekly Trend Force   0.7% (StdDev 3.34%)
Daily Moving Force   0.6%
Correction Force   Weak (0%)
Hourly Trend Strength   0.58%
Trend   0.5%
Trend Strength   1.9%
Trend Clarity   0.21(0.7/1.38/41.56)
RSI   66
Momentum   1
Latest Price   $44.0300(4.56%)
Forecasted Low Price   43.68(-0.8%)
Forecasted High Price   44.95(2.1%)
Direction of Next Movement   Higher(2.2%)
% Change Needed to Confirm Correction   6.4% (41.38)
% Change Needed for Trend Reversal   5.6%
Hourly Trend 0.8% [$42.83(0.35), $42.62(0.16)]
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Complacency   9
Intraday Reversal Probability   There's a high probability the price will reverse sharply to downside intraday or next day..
Daily Trend   SIL advances 0.4% a day on average for past five trading days.
Weekly Trend   SIL advances 3.5% 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 SIL advance at 0.5% a week (98% probability)
SILJ(99%)    GDX(98%)    GLD(95%)    CEMB(94%)    BND(91%)
Factors Impacting SIL price   SIL will advance at least 0.4% in a week (68% probabilities).
TBT(-89%)    XLF(-72%)    UUP(-57%)    VIXM(-56%)    OIH(-51%)
Trading Plan   Not Available

Valuation to SPY 0.5

Relative Volatility -0.6 (options are cheap)

Market Trend Strength   1.6% (StdDev 3.34%)
Hourly BBV 1.8 ()
Intraday Trend 3.4%

Next Hour Price   $43.99(-0.1%)
Inflection Point   Yes
Support Level   $41.56
5 Day Moving Average   $42.69(3.14%)
10 Day Moving Average   $42.36(3.94%)
20 Day Moving Average   $41.56(5.94%)
To recent high   -10.3%
To recent low   13.7%
Market Cap   $N/A

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 3.32% (three month std-dev: 3.34% one year average std_dev: 0%) daily (68% of days).
$. SIL price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart Hourly Chart 15 Minute Chart

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Hourly Trend Strength	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Apr_15_2021	41.56 (0%)	42.36 (0.8%)	42.69 (0.4%)	42.62	42.83(0%)	44.03(4.56%)	42.47-44.11	0.9(1.8)	1.8	0.6%	0.7%	0%	0.58%	0.5%	1.9%	66	1	Growing Uptrend	Range(1.3%)	9	0	-0.6	N/A	43.75(-0.64%)	42.6-44.69	0.44	-10.3%-13.7%
2	Apr_14_2021	41.52 (0%)	41.95 (0.6%)	42.51 (0.2%)	42.46	42.48(0%)	42.11(-1.24%)	42-42.75	0.6(0.4)	-1	%	0.5%	0%	0.33%	0.48%	1%	62	1	Growing Uptrend	Range(1.1%)	8	-0.6	-0.5	N/A	42.3(0.45%)	41.9-42.63	0.2	-14.2%-8.7%
3	Apr_13_2021	41.54 (0%)	41.64 (0.6%)	42.43 (0.1%)	42.56	42.41(0%)	42.64(2.13%)	42.36-43.11	0.6(0.8)	0.9	0.1%	0.4%	0%	-0.38%	0.44%	0.3%	60	1	Growing Uptrend	Range(0.5%)	7	-0.3	-0.8	Growing Uptrend	42.88(0.56%)	42.43-42.99	0.29	-13.1%-10.1%
4	Apr_12_2021	41.56 (0.2%)	41.37 (0.4%)	42.37 (0.2%)	42.4	42.43(0%)	41.75(-2.7%)	41.64-42.7	0.6(0.1)	-1.1	-0.3%	0.2%	0%	-0.66%	0.38%	-0.4%	47	1	Uptrend Consolidation	Range(1.3%)	7	-0.9	-0.8	Uptrend	41.94(0.45%)	41.71-42.04	0.24	-14.9%-7.8%
5	Apr_9_2021	41.58 (0.2%)	41.24 (0.4%)	42.29 (0.8%)	42.36	42.7(0%)	42.91(-0.49%)	42.2-43	0.7(0.9)	1	0.8%	0.6%	0%	0.82%	0.3%	-0.8%	48	1	Growing Uptrend	Range(1.6%)	6	-0.2	-1.2	Uptrend	43.05(0.33%)	42.69-43.21	0.17	-12.6%-10.8%

6	Apr_8_2021	41.53 (0.2%)	40.93 (0.2%)	41.96 (1.6%)	42.04	42.37(0%)	43.12(3.36%)	42.31-43.3	0.5(1.1)	1.4	1.1%	0.7%	0%	0.31%	0.16%	-1.5%	49	1	Growing Uptrend	Higher(1.8%)	5	0.2	-1.4	Uptrend	43.2(0.18%)	42.87-43.34	0.37	-12.1%-11.3%
7	Apr_7_2021	41.43 (0.2%)	40.59 (-0.2%)	41.32 (1.5%)	41.56	42.02(0%)	41.72(-1.53%)	41.65-42.3	0.1(0.2)	0.2	1.1%	0.3%	0%	0.67%	-0.12%	-2%	38	1	Uptrend Reversal Downtrend Pop	Higher(2.2%)	4	-0.7	-1.7	N/A	41.72(0%)	41.72-41.72	0.37	-15.2%-7.7%
8	Apr_6_2021	41.4 (0%)	40.45 (-0.4%)	40.72 (1.2%)	40.93	41.72(0%)	42.37(2.57%)	41.55-42.7	-0.2(0.7)	0.7	1.6%	0.2%	0%	1.25%	-0.34%	-2.3%	47	1	Uptrend Reversal	Higher(1.8%)	3	-0.2	-1.9	Downtrend	42.17(-0.47%)	42.16-42.2	0.43	-14.5%-9.4%
9	Apr_5_2021	41.26 (-0.2%)	40.4 (-0.6%)	40.23 (0.5%)	40.12	41.09(0%)	41.31(0.02%)	41.02-41.74	-0.7(0)	0.4	1.5%	-0.2%	0%	1.68%	-0.48%	-2.1%	39	1	Rebound	Range(1.3%)	2	-1	-2	Downtrend	41.05(-0.62%)	40.96-41.27	0.29	-17%-6.6%
10	Apr_1_2021	41.22 (-0.2%)	40.52 (-0.6%)	40.04 (0.7%)	39.75	40.15(0%)	41.3(3.51%)	40.33-41.3	-0.9(0.1)	1.4	1.5%	-0.2%	0%	1.66%	-0.54%	-1.7%	46	1	Rebound	Range(1.3%)	1	-0.7	-2.3	Downtrend	41.04(-0.62%)	40.95-41.26	0.45	-17%-6.6%

11	Mar_31_2021	41.16 (-0.2%)	40.64 (-0.8%)	40.04 (0%)	39.58	39.15(0%)	39.9(2.99%)	38.9-40.2	-1.2(-0.9)	1.1	-0.3%	-0.7%	0%	-0.03%	-0.6%	-1.3%	40	1	Downtrend Pop	Range(-1%)	1	-1.4	-1.8	Growing Downtrend	39.65(-0.62%)	39.42-40.11	0.27	-19.8%-3%
12	Mar_30_2021	41.22 (-0.4%)	41.01 (-0.6%)	39.76 (-0.9%)	39.67	39.36(0%)	38.74(-2.88%)	38.38-39.25	-1.3(-1.8)	-1	-1.3%	-0.8%	0%	-1.04%	-0.58%	-0.5%	40	1	Growing Downtrend	Range(-0.7%)	2	-2.4	-2.5	Bottom	39.12(0.98%)	38.51-39.52	0.49	-22.1%-0%
13	Mar_29_2021	41.4 (-0.4%)	41.42 (-0.6%)	40.1 (-1.2%)	40.04	40.01(0%)	39.89(-1.16%)	39.17-40.33	-1.1(-1.2)	0.7	-0.4%	-0.6%	0%	-0.08%	-0.48%	0.1%	46	0.9	Growing Downtrend	Range(-0.4%)	3	-2	-2.3	Downtrend	39.71(-0.46%)	39.52-40.13	0.28	-19.8%-0.9%
14	Mar_26_2021	41.47 (-0.4%)	41.77 (-0.2%)	40.58 (-1.2%)	40.37	39.98(0%)	40.36(1.15%)	39.83-40.36	-0.9(-0.9)	-0.3	-0.8%	-0.4%	0%	-0.55%	-0.3%	0.7%	58	0.9	Growing Downtrend	Range(-1.2%)	4	-1.8	-2	Downtrend	40.25(-0.28%)	40.12-40.54	0.26	-18.9%-2.1%
15	Mar_25_2021	41.55 (-0.4%)	41.97 (-0%)	41.08 (-1.4%)	40.95	40.07(0%)	39.9(0%)	39.36-40.27	-0.7(-1.3)	-0.6	-1.7%	-0.6%	0%	-1.28%	-0.14%	1%	51	0.9	Growing Downtrend	Lower(-2.3%)	5	-1.7	-2.2	N/A	40.19(0.72%)	39.62-40.65	0.24	-19.8%-0.9%

16	Mar_24_2021	41.75 (-0.4%)	42.22 (0.2%)	41.68 (-1.8%)	41.7	40.76(0%)	39.9(-1.34%)	39.83-40.87	-0.4(-1.1)	-1.5	-2.2%	-0.5%	0%	-1.98%	0.08%	1.1%	53	1.1	Downtrend Reversal	Lower(-2%)	6	-1.4	-1.8	N/A	40.29(0.98%)	39.78-40.71	0.26	-19.8%-0.9%
17	Mar_23_2021	42.06 (-0.2%)	42.4 (0.4%)	42.45 (-1.1%)	42.4	41.84(0%)	40.44(-4.37%)	40.41-42	-0(-1)	-2.6	-1.5%	-0.3%	0%	-1.31%	0.28%	0.8%	50	1.1	Downtrend Reversal	Range(0.4%)	7	-1.3	-2.2	N/A	41.02(1.43%)	40.68-41.29	0.55	-18.7%-2.3%
18	Mar_22_2021	42.3 (-0%)	42.5 (0.6%)	42.91 (-0.5%)	42.9	42.65(0%)	42.29(-1.35%)	42.21-42.92	0.3(-0)	-1.8	-0.6%	0.3%	0%	-0.86%	0.38%	0.5%	51	1.2	Correction	Range(0.4%)	8	-0.4	-1	N/A	42.57(0.66%)	42.42-42.69	0.25	-15%-7%
19	Mar_19_2021	42.45 (-0%)	42.26 (0.6%)	43.12 (0.3%)	43.05	42.96(0%)	42.87(-0.02%)	42.37-43.15	0.4(0.2)	0	-0.2%	0.4%	0%	0.05%	0.4%	-0.5%	58	1.2	Uptrend Consolidation	Range(0.2%)	8	0.1	-0.1	Uptrend Reversal	43.44(1.34%)	42.96-43.77	0.21	-13.8%-8.4%
20	Mar_18_2021	42.44 (-0%)	42.02 (0.4%)	43 (0.4%)	43.07	43.15(0%)	42.88(-2.06%)	42.57-43.87	0.3(0.2)	-0.2	0.3%	0.5%	0%	0.42%	0.32%	-1%	54	1.2	Growing Uptrend	Higher(1.8%)	8	0	-1.3	Uptrend Reversal	43.45(1.34%)	42.97-43.78	0.43	-13.8%-8.4%

21	Mar_17_2021	42.42 (-0.2%)	41.73 (0.2%)	42.85 (1.2%)	42.73	43.14(0%)	43.78(2.46%)	42.25-44.28	0.3(0.8)	2.8	0.6%	0.5%	0%	0.05%	0.16%	-1.6%	47	1.2	Growing Uptrend	Range(1.1%)	7	0.2	-0.4	Uptrend Reversal	44.37(1.35%)	43.87-44.7	0.48	-12%-10.7%
22	Mar_16_2021	42.37 (-0.2%)	41.43 (-0.2%)	42.35 (0.8%)	42.39	43(0%)	42.73(-1.36%)	42.59-43.53	-0(0.2)	0.8	1.3%	0.1%	0%	0.82%	-0.14%	-2.2%	35	1.2	Uptrend Reversal Downtrend Pop	Higher(2.1%)	6	-0.4	-0.4	Rebound	42.58(-0.36%)	42.64-42.55	0.32	-14.1%-8.1%
23	Mar_15_2021	42.42 (-0.2%)	41.34 (-0.4%)	42.02 (1.8%)	41.93	42.31(0%)	43.32(2.44%)	42.5-43.34	-0.2(0.5)	1.3	1.3%	0.4%	0%	1.11%	-0.32%	-2.6%	42	1.2	Uptrend Reversal	Range(1.7%)	5	-0.1	0.6	Downtrend Consolidation	43.16(-0.38%)	43.04-43.2	0.72	-12.9%-9.6%
24	Mar_12_2021	42.46 (-0.4%)	41.1 (-0.8%)	41.27 (1%)	41.48	41.79(0%)	42.29(0.33%)	40.8-42.4	-0.6(-0.1)	0.7	0.8%	0.1%	0%	0.62%	-0.62%	-3.2%	37	1.2	Uptrend Reversal	Range(0.9%)	4	-0.6	0.1	Downtrend	41.91(-0.89%)	41.73-42.34	0.27	-15%-7%
25	Mar_11_2021	42.52 (-0.4%)	41.03 (-0.8%)	40.88 (1.1%)	41.05	41.54(0%)	42.15(2.16%)	41.43-42.16	-0.9(-0.2)	1.5	1%	-0.3%	0%	0.87%	-0.74%	-3.5%	49	1.2	Downtrend Consolidation	Range(0.7%)	3	-0.7	-0.2	Downtrend	41.71(-1.05%)	41.5-42.2	0.4	-15.3%-6.6%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low