| SLV latest price $16.1700 (2.41%) ($16.0750 - $16.3200) on Tue. May. 19, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.99% (three month average) |
RSI | 78 |
Latest Price | $16.1700(2.41%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 2.3% a day on average for past five trading days. |
Weekly Trend | SLV advances 5.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SLV advance at 0% a week (0% probability) SIL(82%) GDXJ(79%) GLD(79%) GDX(76%) XME(41%) |
Factors Impacting SLV price | SLV will decline at least -1.495% in a week (0% probabilities). UUP(-34%) VIXM(-19%) VXX(-9%) TBT(-6%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.495% (StdDev 2.99%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.2% |
| |
|
|