| SLV latest price $16.7300 (0.9%) ($16.5800 - $16.8600) on Thu. Dec. 26, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.11% (three month average) |
RSI | 72 |
Latest Price | $16.7300(0.9%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 1% a day on average for past five trading days. |
Weekly Trend | SLV advances 2.2% 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 SLV advance at 0% a week (0% probability) GLD(78%) SIL(75%) GDXJ(66%) GDX(65%) XME(41%) |
Factors Impacting SLV price | SLV will decline at least -0.555% in a week (0% probabilities). UUP(-29%) VIXM(-25%) VXX(-13%) TBT(-6%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.555% (StdDev 1.11%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.3% |
| |
|
|