| SLV latest price $26.8800 (7.31%) ($25.8800 - $26.9000) on Thu. Aug. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.54% (three month average) |
RSI | 88 |
Latest Price | $26.8800(7.31%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 4.4% a day on average for past five trading days. |
Weekly Trend | SLV advances 10.8% 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 -1.27% in a week (0% probabilities). UUP(-33%) 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 | -1.27% (StdDev 2.54%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.2% |
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