| SLV latest price $22.9600 (-1.42%) ($22.6700 - $23.0900) on Thu. Oct. 22, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.54% (three month average) |
RSI | 58 |
Latest Price | $22.9600(-1.42%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 0.3% a day on average for past five trading days. |
Weekly Trend | SLV advances 1.5% a week on average for past two weeks. |
Market Behavior | Value stock 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(83%) GDXJ(80%) GLD(79%) GDX(78%) BWX(42%) |
Factors Impacting SLV price | SLV will decline at least -1.77% in a week (0% probabilities). UUP(-34%) VIXM(-16%) VXX(-8%) TBT(-8%) EDOC(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.77% (StdDev 3.54%) |
Hourly BBV | -0.7 () |
Intraday Trend | -0.4% |
| |
|
|