Trading Signals: SILJ Stock Price Prediction and Forecast

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

Fri. Jan. 15, 2021

Trading Signals: SILJ Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Wed. Mar. 3, 2021)

(PureFunds ISE Junior Silver ETF)
SILJ latest price $14.1500 (-6.54%) ($14.1500 - $15.0150) on Fri. Jan. 15, 2021.

Trend Analysis and Forecast

Trend Pattern   Growing Downtrend
Trend Narrative   Correction
Average Daily Price Swing   $0.87 (5.47% one month average)
Average Daily Percentage Swing   3.54% (three month average)
Weekly Trend Force   -1.1% (StdDev 3.54%)
Daily Moving Force   -2.2%
Rebound Strength   None(0%)
Trend   -0.42%
Trend Strength   0.5%
RSI   42
Momentum   1.5
Latest Price   $14.1500(-6.54%)
Forecasted Low Price   13.94(-1.45%)
Forecasted High Price   14.28(0.9%)
Direction of Next Movement   Lower(-2.2%)
% Change Needed to Confirm Rebound   12.5% ((15.92))
% Change Needed for Trend Reversal   14.8%
Hourly Trend -2.5% [$14.87(-0.37), $15.14(-0.23)]
Stocks Behave Similarly   Similar Stock List
Complacency   3
Intraday Reversal Probability   There's a high probability the price will reverse sharply to upside intraday or next day..
Daily Trend   SILJ declines -2.3% a day on average for past five trading days.
Weekly Trend   SILJ declines -3.3% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support SILJ decline at-1.1% a week (94% probability)
SIL(98%)    SLV(93%)    GDXJ(92%)    GDX(84%)    GLD(69%)
Factors Impacting SILJ price   SILJ will decline at least -1.1% in a week (24% probabilities).
UUP(-39%)    EDOC(-12%)    XLU(-11%)    VIXM(-11%)    TLT(-11%)
Explanation The decline is sustainable and supported by the broad market.
Trading Plan   Not Available

Valuation to SPY -1.9

Relative Volatility 0.4 (options are faily valued)

Market Trend Strength   -3.3% (StdDev 3.54%)
Hourly BBV -4.3 ()
Intraday Trend -5.7%

Next Day Open Price   $13.99(-1.12%)
Resistance Level   $15.9
5 Day Moving Average   $15.07(-6.1%)
10 Day Moving Average   $15.99(-11.51%)
20 Day Moving Average   $15.9(-11.01%)
To recent high   -18.7%
To recent low   6.3%
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

$. SILJ price fluctuates within 5.47% (three month std-dev: 3.54% one year average std_dev: 0%) daily (68% of days).
$. SILJ price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210215

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
1	Jan_15_2021	15.9 (0.2%)	15.99 (-0.6%)	15.07 (-2.3%)	15.14	14.87(0%)	14.15(-6.54%)	14.15-15.02	-1.1(-2)	-4.3	-2.2%	-1.1%	0%	-0.42%	0.5%	42	1.5	Growing Downtrend	Range(-0%)	3	-1.9	2.5	Correction	13.49(-4.65%)	13.38-13.96	2.77	-18.7%-6.3%
2	Jan_14_2021	15.96 (0.4%)	16.22 (-0.4%)	15.43 (-2.7%)	15.37	15.24(0%)	15.14(0.6%)	15.03-15.4	-0.6(-1.1)	-8.5	-1.6%	-0.6%	0%	-0.14%	1.6%	51	1.4	Growing Downtrend	Lower(-2.2%)	4	-0.9	2.5	Correction	14.72(-2.8%)	14.63-15.07	1.32	-13%-13.7%
3	Jan_13_2021	15.93 (0.4%)	16.38 (0%)	15.85 (-2.8%)	15.64	15.4(0%)	15.05(-3.59%)	15.04-15.61	-0.2(-1.1)	-0.1	-1.8%	-0.3%	0%	0.22%	2.8%	54	1.4	Downtrend Reversal	Range(-0.3%)	5	-1.1	1.9	Uptrend Consolidation	15.27(1.49%)	15.34-15.07	1.67	-13.6%-13.1%
4	Jan_12_2021	15.88 (0.6%)	16.46 (0.4%)	16.3 (-2.2%)	16.12	15.49(0%)	15.61(1.23%)	15.16-15.64	0.3(-0.3)	-0.1	-2.5%	-0%	0%	0.46%	3.7%	51	1.5	Downtrend Reversal	Lower(-2.5%)	6	-0.6	2	Uptrend Consolidation	15.7(0.57%)	15.69-15.72	1.93	-10.3%-17.3%
5	Jan_11_2021	15.81 (0.8%)	16.5 (0.8%)	16.66 (-2.2%)	16.55	15.89(0%)	15.42(-3.32%)	15.31-15.72	0.8(-0.4)	-0.2	-4.1%	-0.1%	0%	0.72%	4.3%	53	1.8	Downtrend Reversal	Lower(-2.5%)	7	-0.7	1.6	Uptrend Consolidation	15.58(1.07%)	15.56-15.65	1.79	-11.4%-15.9%

6	Jan_8_2021	15.76 (0.8%)	16.54 (1%)	17.03 (-0.5%)	17.03	16.76(0%)	15.95(-7.27%)	15.57-16.8	1.3(0.2)	-1.7	-1.9%	0.3%	0%	0.94%	4.9%	52	1.9	Correction	Higher(2%)	7	-0.1	1	Uptrend	16.32(2.3%)	15.92-16.49	5.68	-8.4%-19.8%
7	Jan_7_2021	15.68 (1%)	16.51 (1%)	17.11 (0.8%)	17.25	17.22(0%)	17.2(-0.81%)	16.96-17.54	1.7(1.4)	-0.1	0.3%	1.1%	0%	1.04%	5.3%	70	2.1	Growing Uptrend	Higher(1.8%)	7	1.2	0.6	After Top	17.48(1.65%)	16.38-18.39	1.22	-1.2%-29.2%
8	Jan_6_2021	15.55 (0.8%)	16.3 (1.2%)	16.98 (2%)	17.04	17.3(0%)	17.34(-0.4%)	16.83-17.43	1.8(1.6)	1.1	0.9%	1%	0%	1.06%	4.8%	75	2.1	Growing Uptrend	Higher(2.1%)	7	1.7	-0.8	After Top	17.59(1.46%)	16.33-18.63	2.99	-0.4%-30.3%
9	Jan_5_2021	15.42 (0.8%)	16.14 (1.2%)	16.65 (2%)	16.78	17.29(0%)	17.41(0.81%)	17.02-17.63	1.8(1.9)	0.9	2.6%	1.2%	0%	1.08%	4.7%	79	2	Growing Uptrend	Higher(3.8%)	7	2.1	-0.3	Uptrend	17.86(2.57%)	17-18.22	2	0%-30.8%
10	Jan_4_2021	15.25 (0.8%)	15.93 (1.2%)	16.32 (2.1%)	16.36	16.78(0%)	17.27(5.89%)	16.86-17.48	1.7(2.2)	1.5	2.5%	1%	0%	1.04%	4.4%	72	1.8	Overbought	Higher(3.5%)	6	2.4	-0.7	Overbought	16.6(-3.86%)	15.71-17.95	2.88	0%-29.8%

11	Dec_31_2020	15.1 (0.6%)	15.77 (1.2%)	15.98 (1%)	16.05	16.26(0%)	16.31(-1.45%)	16.08-16.62	1.5(1.5)	0.1	1.6%	0.7%	0%	1%	4.5%	66	1.6	Growing Uptrend	Higher(3%)	7	1.5	1.1	After Top	16.42(0.66%)	15.59-17.1	1.99	-1.5%-22.5%
12	Dec_30_2020	15.01 (0.8%)	15.65 (1.2%)	15.82 (1.9%)	15.83	15.94(0%)	16.55(5.41%)	15.7-16.55	1.5(2)	5.1	1.1%	1.2%	0%	1.02%	4.3%	69	1.5	Growing Uptrend	Higher(2.3%)	7	2.1	0.9	Growing Uptrend	16.93(2.28%)	16.26-17.09	1.95	0%-24.3%
13	Dec_29_2020	14.9 (0.6%)	15.43 (1%)	15.53 (-0.1%)	15.64	15.83(0%)	15.7(-0.44%)	15.44-15.94	1.2(1.2)	2.7	0.5%	1.1%	0%	0.84%	3.5%	59	1.4	Growing Uptrend	Higher(1.8%)	6	1.2	1.2	Growing Uptrend	15.96(1.64%)	15.58-16.05	1.36	-1.8%-18%
14	Dec_28_2020	14.8 (0.6%)	15.23 (0.8%)	15.55 (0.5%)	15.57	15.71(0%)	15.77(1.15%)	15.67-16.25	1.3(1.4)	1.9	1%	1%	0%	0.76%	2.9%	58	1.4	Growing Uptrend	Higher(2%)	5	1.3	0.8	Uptrend	15.95(1.15%)	15.6-16.1	2.27	-1.3%-18.5%
15	Dec_24_2020	14.69 (0.6%)	15.06 (0.8%)	15.47 (-0.5%)	15.51	15.45(0%)	15.59(0.78%)	15.27-15.69	1.4(1.3)	2.1	-0.1%	0.8%	0%	0.7%	2.5%	60	1.4	Correction	Range(0.7%)	4	1.4	1	Uptrend	15.75(1.01%)	15.42-15.89	0.74	-2.4%-17.1%

16	Dec_23_2020	14.59 (0.6%)	14.93 (0.8%)	15.54 (0.6%)	15.55	15.42(0%)	15.47(2.38%)	15.2-15.57	1.6(1.3)	-1.6	-0.5%	0.8%	0%	0.76%	2.4%	60	1.4	Correction	Range(0.3%)	4	1.5	1	Growing Uptrend	15.7(1.51%)	15.3-15.8	1.03	-3.2%-18.1%
17	Dec_22_2020	14.49 (0.6%)	14.8 (0.8%)	15.45 (1.1%)	15.62	15.57(0%)	15.11(-4.31%)	14.96-15.9	1.8(0.9)	-0.8	0.2%	0.4%	0%	0.66%	2.2%	55	1.4	Uptrend Dip	Higher(2.8%)	5	1.1	1.2	Uptrend Dip	15.54(2.84%)	14.89-15.7	2.11	-5.4%-15.3%
18	Dec_21_2020	14.41 (0.4%)	14.76 (0.6%)	15.29 (3%)	15.46	15.67(0%)	15.79(2.47%)	15.42-15.95	1.8(1.9)	11.3	1.3%	0.7%	0%	0.56%	2.4%	61	1.4	Growing Uptrend	Higher(2%)	6	2.2	0.1	Growing Uptrend	15.99(1.25%)	15.51-16.11	2.18	-1.2%-20.5%
19	Dec_18_2020	14.32 (0.2%)	14.64 (0.4%)	14.85 (1.9%)	15.07	15.68(0%)	15.41(-3.08%)	15.4-15.91	1.4(1.7)	0.6	2.7%	0.7%	0%	0.36%	2.3%	66	1.3	Uptrend Dip	Higher(4.9%)	5	1.9	1.9	Relative Overbought	15.3(-0.74%)	14.84-15.67	1.29	-3.6%-17.6%
20	Dec_17_2020	14.24 (0%)	14.53 (0.4%)	14.58 (2.2%)	14.61	15.24(0%)	15.9(5.79%)	15.48-15.92	1(2.8)	2.2	3.7%	1.1%	0%	0.24%	2%	71	1.2	Breakout	Higher(4.8%)	4	2.9	1.8	N/A	15.59(-1.97%)	14.96-16.1	3.18	-0.5%-21.4%

21	Dec_16_2020	14.13 (-0%)	14.35 (0.2%)	14.26 (1.2%)	14.23	14.47(0%)	15.03(4.81%)	14.44-15.03	0.4(2)	2	2.2%	0.4%	0%	0.1%	1.5%	67	0.9	Growing Uptrend	Higher(2.6%)	4	1.6	2.2	N/A	14.83(-1.35%)	14.49-15.1	1.96	-5.9%-14.7%
22	Dec_15_2020	14.1 (-0.2%)	14.29 (0.2%)	14.09 (-0.4%)	14.12	13.98(0%)	14.34(5.75%)	13.93-14.36	-0.2(0.6)	-1.1	-0.2%	-0.1%	0%	0.08%	1.4%	64	0.9	Downtrend Reversal	Range(-0.3%)	4	0	2.3	N/A	14.27(-0.49%)	14.18-14.34	0.99	-10.3%-9.5%
23	Dec_14_2020	14.11 (-0.2%)	14.31 (0.4%)	14.15 (-1.7%)	14.16	14(0%)	13.56(-3.56%)	13.54-14.15	-0.2(-1.3)	-1.4	-1.8%	-0.3%	0%	0.22%	1.4%	53	0.9	Downtrend Reversal	Range(-0.3%)	5	-1.5	1.4	N/A	13.73(1.23%)	13.59-13.84	0.87	-15.1%-3.5%
24	Dec_11_2020	14.17 (-0.2%)	14.34 (0.6%)	14.4 (-0.4%)	14.39	14.26(0%)	14.06(-1.75%)	14.03-14.45	0.3(-0.3)	-3	-0.5%	0.1%	0%	0.32%	1.2%	51	0.9	Correction	Range(0.5%)	5	-0.6	1.5	N/A	14.14(0.58%)	14.12-14.16	0.62	-12%-7.3%
25	Dec_10_2020	14.19 (-0.2%)	14.3 (0.6%)	14.45 (0%)	14.49	14.31(0%)	14.31(1.06%)	14.15-14.55	0.5(0.3)	-2	-0.8%	0.3%	0%	0.32%	0.8%	56	0.9	Uptrend Consolidation	Range(-0.5%)	5	-0.2	1.4	N/A	14.33(0.17%)	14.24-14.41	0.49	-10.5%-9.2%
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

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