| SLV latest price $25.0500 (3.3%) ($24.6100 - $25.2800) on Wed. Aug. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.42% (three month average) |
RSI | 87 |
Latest Price | $25.0500(3.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 2.2% a day on average for past five trading days. |
Weekly Trend | SLV advances 9.9% 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(82%) GLD(80%) GDXJ(79%) GDX(78%) XME(41%) |
Factors Impacting SLV price | SLV will decline at least -1.21% in a week (0% probabilities). UUP(-34%) VIXM(-19%) VXX(-9%) IGOV(-8%) TBT(-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 | -1.21% (StdDev 2.42%) |
Hourly BBV | 1.3 () |
Intraday Trend | -0.3% |
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