| SLV latest price $25.4000 (-2.08%) ($25.4000 - $26.0200) on Thu. Feb. 25, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.55% (three month average) |
RSI | 63 |
Latest Price | $25.4000(-2.08%) |
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 1.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(81%) GDXJ(80%) GLD(80%) GDX(79%) BWX(45%) |
Factors Impacting SLV price | SLV will decline at least -1.275% in a week (0% probabilities). UUP(-33%) VIXM(-18%) TBT(-10%) VXX(-9%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.275% (StdDev 2.55%) |
Hourly BBV | -1.9 () |
Intraday Trend | -1.6% |
| |
|
|