| SLV latest price $24.0300 (1.87%) ($23.7620 - $24.1300) on Thu. Apr. 15, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 57 |
Latest Price | $24.0300(1.87%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 0.4% 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 rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SLV advance at 0% a week (0% probability) GDXJ(80%) GLD(80%) SIL(80%) GDX(79%) BWX(45%) |
Factors Impacting SLV price | SLV will decline at least -1.1% in a week (0% probabilities). UUP(-32%) VIXM(-20%) TBT(-10%) VXX(-8%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.1% (StdDev 2.2%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1% |
| |
|
|