| SLV latest price $23.6100 (6.16%) ($23.0000 - $23.6600) on Thu. Nov. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.36% (three month average) |
RSI | 61 |
Latest Price | $23.6100(6.16%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 1.7% a day on average for past five trading days. |
Weekly Trend | SLV declines -0.6% 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(83%) GDXJ(81%) GDX(79%) GLD(79%) BWX(42%) |
Factors Impacting SLV price | SLV will decline at least -1.68% in a week (0% probabilities). UUP(-33%) 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 | -1.68% (StdDev 3.36%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.6% |
| |
|
|