| SLV latest price $20.7800 (4.11%) ($20.4700 - $20.9100) on Fri. Oct. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 42 |
Latest Price | $20.7800(4.11%) |
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 declines -1.2% 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(82%) GDXJ(81%) SIL(81%) GDX(79%) XME(50%) |
Factors Impacting SLV price | SLV will decline at least -0.75% in a week (0% probabilities). UUP(-23%) TBT(-18%) SMH(-12%) XLK(-5%) JETS(-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 | -0.75% (StdDev 1.5%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.4% |
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