| SLV latest price $25.6100 (2.93%) ($24.8800 - $25.6400) on Thu. Aug. 20, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.39% (three month average) |
RSI | 63 |
Latest Price | $25.6100(2.93%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 0.1% a day on average for past five trading days. |
Weekly Trend | SLV advances 1.9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SLV advance at 0% a week (0% probability) SIL(83%) GLD(81%) GDXJ(80%) GDX(78%) BWX(41%) |
Factors Impacting SLV price | SLV will decline at least -1.695% in a week (0% probabilities). UUP(-34%) VIXM(-18%) VXX(-9%) TBT(-7%) IYT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.695% (StdDev 3.39%) |
Hourly BBV | 0.1 () |
Intraday Trend | 2.9% |
| |
|
|