| SLV latest price $23.8000 (1.58%) ($23.6800 - $23.9800) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 64 |
Latest Price | $23.8000(1.58%) |
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 3.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally 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 -1.125% in a week (0% probabilities). UUP(-33%) VIXM(-17%) TBT(-9%) VXX(-8%) EDOC(-2%) |
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 | -1.125% (StdDev 2.25%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0.3% |
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