| SLV latest price $13.1600 (-2.08%) ($12.8800 - $13.2700) on Mon. Mar. 30, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.8% (three month average) |
RSI | 33 |
Latest Price | $13.1600(-2.08%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 1.3% a day on average for past five trading days. |
Weekly Trend | SLV declines -2.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SLV advance at 0% a week (0% probability) SIL(81%) GLD(79%) GDXJ(78%) GDX(76%) XME(42%) |
Factors Impacting SLV price | SLV will decline at least -1.4% in a week (0% probabilities). UUP(-34%) VIXM(-21%) VXX(-10%) TBT(-6%) UNG(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.4% (StdDev 2.8%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0.8% |
| |
|
|