| SLV latest price $22.6500 (4.09%) ($22.1100 - $22.6700) on Fri. Jul. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.32% (three month average) |
RSI | 80 |
Latest Price | $22.6500(4.09%) |
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 advances 11.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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%) GLD(80%) GDXJ(79%) GDX(77%) XME(41%) |
Factors Impacting SLV price | SLV will decline at least -1.16% in a week (0% probabilities). UUP(-34%) VIXM(-18%) VXX(-9%) TBT(-7%) IGOV(-7%) |
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 | -1.16% (StdDev 2.32%) |
Hourly BBV | 1 () |
Intraday Trend | 1.9% |
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