| SLV latest price $21.5600 (1.65%) ($21.2640 - $21.8000) on Fri. Dec. 9, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.42% (three month average) |
RSI | 72 |
Latest Price | $21.5600(1.65%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 0.2% a day on average for past five trading days. |
Weekly Trend | SLV advances 3.6% 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) GDXJ(79%) GLD(79%) SIL(79%) GDX(78%) SHY(49%) |
Factors Impacting SLV price | SLV will decline at least -1.21% in a week (0% probabilities). UUP(-11%) UNG(-9%) VIXM(-8%) VXX(-7%) EDOC(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.21% (StdDev 2.42%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.4% |
| |
|
|