| SLV latest price $23.6200 (3.6%) ($22.9600 - $23.6500) on Wed. Dec. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.53% (three month average) |
RSI | 69 |
Latest Price | $23.6200(3.6%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 1.3% a day on average for past five trading days. |
Weekly Trend | SLV advances 2% 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%) GDXJ(80%) GDX(78%) GLD(78%) BWX(42%) |
Factors Impacting SLV price | SLV will decline at least -1.265% in a week (0% probabilities). UUP(-32%) VIXM(-17%) TBT(-9%) VXX(-8%) IGOV(-4%) |
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 | -1.265% (StdDev 2.53%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.7% |
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