| SLV latest price $23.6200 (1.24%) ($23.5800 - $23.7800) on Thu. Apr. 8, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 42 |
Latest Price | $23.6200(1.24%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 0.8% a day on average for past five trading days. |
Weekly Trend | SLV declines -0.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally 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 -1.12% in a week (0% probabilities). UUP(-32%) VIXM(-19%) TBT(-10%) VXX(-8%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.12% (StdDev 2.24%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.3% |
| |
|
|