Trading Signals: SLV Stock Price Prediction and Forecast

^ SLV: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Mon. Aug. 10, 2020

Trading Signals: SLV Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Mon. Aug. 10, 2020)

(iShares Silver Trust)

SLV latest price $27.0000 (3.09%) ($26.5700 - $27.3900) on Mon. Aug. 10, 2020.

Trend and Trading Plan

Trend Narrative Uptrend Relative Overbought
Trading Plan N/A

Valuation to SPY 1.7

Relative Volatility 1.6 (options are expensive)

Hourly Trend 1.42% [$26.49(0.2), $26.12(0.86)]
Last Hour Trend -0.37% [$26.91, $27.01]

SLV Next Day Price Forecast

Bullish Probability   88%
Bullish Price Move   2.6%
Bearish Probability   13%
Bearish Price Move   -2.6%
Recommended Position Size   29%
Latest Price   $27.0000
Next Day Open Price   $26.8(-0.74%)
1 - 5 Day Target Price   $30.9(14.46%)
1 - 5 Day Price Range   $23.75 - $36.76
Support Level   $22.1
To recent high   0%
To recent low   87.2%

Option Sentiment

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. SLV price fluctuates within 13.39% (three month std-dev: 2.59% one year average std_dev: 0%) daily (68% of days).
$. SLV price fluctuates within 0% weekly (one year average std_dev: %).
$. SLV is 50% correlated to SPY, and 52% correlated to QQQ.

Analysis News Options Weekly Chart Daily Chart Hourly Chart 5 Minute Chart

i	Date	To High-Low	ema20 Trend	ema10 Trend	ema5 Trend	Hourly Trend	Last Hour	EMA Ratio	BBV	RV	RVT	Volume millions	Close	ActualPriceRange	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	RSI
1	Aug_10_2020	0%-87.2%	0.8(0.1)	0.8(-0)	0.3	0.3	-0.37%	9.9%	1.7	1.7	1.6	81.23	27(3.09%)	26.57-27.39	Uptrend Relative Overbought	30.91(14.47%)	23.75-36.76	82
2	Aug_7_2020	-2.6%-83.7%	0.8(0)	0.8(0)	0.2	1.2	0.65%	10.3%	1.6	1.7	1.7	123.58	26.19(-2.57%)	25.48-26.38	Uptrend Relative Overbought	29.78(13.69%)	23.08-35.25	84
3	Aug_6_2020	0%-93.1%	0.7(0.1)	0.8(0.1)	0.3	1.5	0.49%	10.2%	2.1	2.2	1.8	106.89	26.88(7.31%)	25.88-26.9	Uptrend Overbought	30.28(12.66%)	22.97-36.26	88
4	Aug_5_2020	0%-80%	0.7(0)	0.8(-0)	0.2	0.9	0.48%	9.9%	1.8	1.8	1.7	92.45	25.05(3.3%)	24.61-25.28	Uptrend Relative Overbought	27.81(11.01%)	22.14-32.45	87
5	Aug_4_2020	0%-76.1%	0.7(0)	0.9(-0)	0.1	0.6	0.12%	10.1%	1.7	1.8	1.6	74.81	24.25(6.64%)	22.62-24.25	Uptrend Relative Overbought	26.83(10.63%)	21.53-31.17	81

6	Aug_3_2020	-0.4%-65.1%	0.7(-0)	1(-0.1)	-0	0.3	0.22%	9.9%	1.3	1.3	1.6	40.7	22.74(0.4%)	22.38-22.78	Uptrend	25.56(12.41%)	22.11-27.04	80
7	Jul_31_2020	-0.8%-64.5%	0.7(0)	1.1(0)	0.1	-0.3	0.27%	9.5%	1.4	1.5	1.8	48.98	22.65(4.09%)	22.11-22.67	Uptrend	25.67(13.33%)	21.97-27.26	80
8	Jul_30_2020	-4.7%-58%	0.7(-0)	1.1(-0)	0.1	-0.3	0%	8.9%	1.1	1.3	2	59.95	21.76(-3.59%)	21.4-22.01	Uptrend	24.69(13.45%)	21.22-26.17	80
9	Jul_29_2020	-1.1%-63.9%	0.7(0)	1.1(-0)	0.1	0.3	0.18%	8.4%	1.7	1.8	2.3	83.65	22.57(-0.88%)	21.72-23.25	Uptrend Relative Overbought	25.37(12.41%)	20.15-29.64	86
10	Jul_28_2020	-0.3%-65.4%	0.8(0.1)	1.2(0.1)	0.3	1.2	0.35%	7.7%	2	2.3	2.4	94.38	22.77(-0.26%)	22.07-22.97	Uptrend Relative Overbought	25.59(12.4%)	20.09-30.1	86

11	Jul_27_2020	0%-65.8%	0.7(0.1)	1.2(0.2)	0.4	0.6	0%	6.9%	2.4	2.6	2.6	93.58	22.83(7.64%)	22.42-22.85	Growing Uptrend Relative Overbought	25.01(9.56%)	20.03-29.09	88
12	Jul_24_2020	-1.1%-54%	0.7(0.1)	1.1(0.2)	0.4	0.9	0.24%	5.9%	2	2.4	2.7	49.7	21.21(0.86%)	20.93-21.36	Growing Uptrend Relative Overbought	22.84(7.68%)	19.37-25.67	85
13	Jul_23_2020	-1.9%-52.7%	0.7(0.1)	1(0.2)	0.5	2.1	-0.29%	5.1%	2.3	2.7	3	94.23	21.03(-1.91%)	20.72-21.51	Growing Uptrend Relative Overbought	22.02(4.69%)	19.01-24.47	85
14	Jul_22_2020	0%-55.7%	0.6(0.1)	0.9(0.3)	0.5	2.7	0.28%	4.5%	3.2	3.7	3.4	124.45	21.44(9%)	20.51-21.45	Growing Uptrend Relative Overbought	21.7(1.2%)	18.86-24.02	88
15	Jul_21_2020	0%-42.8%	0.7(0.1)	1(0.2)	0.4	2.1	0%	3.6%	2.8	3.3	2.7	75	19.67(6.15%)	19.42-19.88	Growing Uptrend Overbought	19.77(0.53%)	18.25-21.02	79

16	Jul_20_2020	0%-34.6%	0.8(0)	1(0.1)	0.2	0.6	0.27%	3%	2	1.2	2	41.61	18.53(2.89%)	18.23-18.57	Uptrend	18.85(1.73%)	18.28-19.1	76
17	Jul_17_2020	-0.9%-30.8%	0.8(0.1)	1.1(0.1)	0.2	0	0%	2.7%	1.5	0.6	2	34.17	18.01(1.29%)	17.89-18.07	Uptrend	18.29(1.53%)	17.83-18.48	73
18	Jul_16_2020	-2.1%-29.1%	0.7(0.1)	1(-0)	0.1	0.3	-0.06%	2.5%	1.3	0.4	2.3	29.46	17.78(-2.15%)	17.78-18.06	Uptrend	18.04(1.48%)	17.63-18.22	72
19	Jul_15_2020	0%-32%	0.6(0.1)	1(0.1)	0.2	0.9	0.11%	2.4%	2.1	1	2.7	35.92	18.17(1.11%)	17.83-18.17	Uptrend	18.41(1.31%)	17.93-18.61	84
20	Jul_14_2020	0%-30.5%	0.6(0.1)	1.1(0.2)	0.4	1.2	0%	2.3%	2.2	0.9	2.7	35.31	17.97(1.35%)	17.67-18	Growing Uptrend	18.22(1.41%)	17.74-18.34	68

21	Jul_13_2020	0%-28.8%	0.5(0.1)	1(0.1)	0.3	0.6	-0.39%	2.1%	2.1	0.9	2.7	49.82	17.73(1.72%)	17.71-18.08	Growing Uptrend	17.92(1.07%)	17.54-18.01	69
22	Jul_10_2020	-0.3%-26.6%	0.5(0.1)	1(0.1)	0.3	0.6	0%	1.9%	1.8	-0.1	0.9	20.44	17.43(0.29%)	17.3-17.53	Uptrend	17.53(0.59%)	17.28-17.64	66
23	Jul_9_2020	-0.6%-26.2%	0.4(0)	0.9(0.2)	0.3	1.5	0.12%	1.6%	1.9	0	0.3	40.36	17.38(-0.63%)	17.22-17.74	Growing Uptrend	17.49(0.63%)	17.24-17.55	70
24	Jul_8_2020	0%-27%	0.5(0.1)	0.8(0)	0.3	1.5	0%	1.1%	2.5	0.1	-0.1	38.64	17.49(2.82%)	17.3-17.49	Breakout Overbought	17.37(-0.7%)	16.95-17.7	68
25	Jul_7_2020	-0.5%-23.5%	0.4(0.1)	1(0)	0.2	1.5	-0.12%	1%	1.5	-0.3	-0.4	25.73	17.01(-0.23%)	16.92-17.12	Uptrend	17.05(0.26%)	16.92-17.11	65
i	Date	To High-Low	ema20 Trend	ema10 Trend	ema5 Trend	Hourly Trend	Last Hour	EMA Ratio	BBV	RV	RVT	Volume millions	Close	5 Day Target	Trend Narrative	5 Day Price Change	SRI	RSI