| SLV latest price $22.7100 (2.21%) ($22.1930 - $22.7400) on Tue. Aug. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.58% (three month average) |
RSI | 83 |
Latest Price | $22.7100(2.21%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 1.1% a day on average for past five trading days. |
Weekly Trend | SLV advances 3.9% 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) GDXJ(79%) GLD(79%) SIL(78%) GDX(77%) BWX(49%) |
Factors Impacting SLV price | SLV will decline at least -0.79% in a week (0% probabilities). UUP(-30%) TBT(-29%) IGOV(-1%) EDOC(-1%) UNG(3%) |
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 | -0.79% (StdDev 1.58%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.1% |
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