| SLV latest price $21.3600 (2.35%) ($21.0100 - $21.3800) on Mon. Aug. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.55% (three month average) |
RSI | 29 |
Latest Price | $21.3600(2.35%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 0.6% a day on average for past five trading days. |
Weekly Trend | SLV declines -1.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SLV advance at 0% a week (0% probability) GLD(78%) GDXJ(77%) SIL(77%) GDX(75%) BWX(49%) |
Factors Impacting SLV price | SLV will decline at least -0.775% in a week (0% probabilities). UUP(-30%) TBT(-29%) IGOV(-0%) UNG(3%) SMH(4%) |
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 | -0.775% (StdDev 1.55%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0.2% |
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