| SLV latest price $16.4800 (-2.14%) ($16.2700 - $16.5600) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 77 |
Latest Price | $16.4800(-2.14%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 0.4% a day on average for past five trading days. |
Weekly Trend | SLV advances 4% a week on average for past two weeks. |
Market Behavior | Value stock 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(82%) GDXJ(79%) GLD(79%) GDX(76%) XME(41%) |
Factors Impacting SLV price | SLV will decline at least -1.445% in a week (0% probabilities). UUP(-34%) VIXM(-19%) VXX(-9%) TBT(-6%) UNG(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.445% (StdDev 2.89%) |
Hourly BBV | -1 () |
Intraday Trend | -0.1% |
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