| SLV latest price $23.1300 (1.09%) ($22.8500 - $23.1450) on Thu. Nov. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 80 |
Latest Price | $23.1300(1.09%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 1.3% a day on average for past five trading days. |
Weekly Trend | SLV advances 4.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SLV advance at 0% a week (0% probability) GDXJ(85%) GDX(83%) SIL(81%) IVW(74%) JNK(64%) |
Factors Impacting SLV price | SLV will decline at least -0.725% in a week (0% probabilities). TBT(-28%) UUP(-21%) VIXM(-20%) VXX(-18%) EDOC(-17%) |
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 | -0.725% (StdDev 1.45%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.7% |
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