| SLV latest price $21.4400 (9%) ($20.5100 - $21.4500) on Wed. Jul. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 88 |
Latest Price | $21.4400(9%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 3.6% a day on average for past five trading days. |
Weekly Trend | SLV advances 6.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SLV advance at 0% a week (0% probability) SIL(82%) GLD(80%) GDXJ(79%) GDX(77%) XME(41%) |
Factors Impacting SLV price | SLV will decline at least -1.025% in a week (0% probabilities). UUP(-34%) VIXM(-18%) VXX(-9%) TBT(-7%) IYT(0%) |
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 | -1.025% (StdDev 2.05%) |
Hourly BBV | 0.9 () |
Intraday Trend | 3.8% |
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