| SLV latest price $23.2900 (1.17%) ($23.1700 - $23.5300) on Wed. Oct. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.7% (three month average) |
RSI | 62 |
Latest Price | $23.2900(1.17%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 0.7% a day on average for past five trading days. |
Weekly Trend | SLV advances 1.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(83%) GDXJ(80%) GLD(79%) GDX(78%) BWX(42%) |
Factors Impacting SLV price | SLV will decline at least -1.85% in a week (0% probabilities). UUP(-34%) VIXM(-16%) VXX(-8%) TBT(-8%) DRIV(-3%) |
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 | -1.85% (StdDev 3.7%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.2% |
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