| SLV latest price $22.1100 (-0.81%) ($22.0550 - $22.3100) on Thu. Aug. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 53 |
Latest Price | $22.1100(-0.81%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 1.2% a day on average for past five trading days. |
Weekly Trend | SLV advances 1.5% 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) GLD(78%) GDXJ(77%) SIL(77%) GDX(75%) BWX(49%) |
Factors Impacting SLV price | SLV will decline at least -0.805% in a week (0% probabilities). UUP(-30%) TBT(-28%) 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 | -0.805% (StdDev 1.61%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.4% |
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