| SLV latest price $22.2900 (3.87%) ($22.0300 - $22.3370) on Wed. Aug. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 56 |
Latest Price | $22.2900(3.87%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 1.7% a day on average for past five trading days. |
Weekly Trend | SLV advances 0.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -0.81% in a week (0% probabilities). UUP(-30%) TBT(-29%) IGOV(-0%) UNG(3%) SMH(5%) |
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 | -0.81% (StdDev 1.62%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.1% |
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