Trading Signals: SLV Stock Price Prediction and Forecast

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

Fri. Jan. 15, 2021

Trading Signals: SLV Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Fri. Jan. 15, 2021)

(iShares Silver Trust)
SLV latest price $22.9500 (-3.21%) ($22.8350 - $23.3600) on Fri. Jan. 15, 2021.

Trend Analysis and Forecast

Trend Pattern   Growing Downtrend
Trend Narrative   Correction
Average Daily Price Swing   $0.78 (3.22% one month average)
Average Daily Percentage Swing   2.2% (three month average)
Weekly Trend Force   -0.6% (StdDev 2.2%)
Daily Moving Force   -0.6%
Rebound Strength   None(0%)
Trend   -0.3%
Latest Price   $22.9500(-3.21%)
Forecasted Low Price   22.74(-0.9%)
Forecasted High Price   23.18(1%)
Direction of Next Movement   Range(-0.6%)
% Change Needed to Confirm Rebound   5.3% ((24.17))
% Change Needed for Trend Reversal   6.4%
Hourly Trend -1% [$23.41(-0.23), $23.49(-0.02)]
Stocks Behave Similarly   Similar Stock List
Complacency   5
Intraday Reversal Probability   N/A.
Daily Trend   SLV declines -0.5% a day on average for past five trading days.
Weekly Trend   SLV declines -2.3% 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 decline at-0.6% a week (90% probability)
SIL(89%)    SILJ(88%)    GLD(87%)    GDXJ(86%)    GDX(83%)
Factors Impacting SLV price   SLV will decline at least -0.4% in a week (39% probabilities).
UUP(-62%)    BJK(-24%)    UNG(-18%)    MJ(-16%)    CEMB(-16%)
Trading Plan   Not Available

Valuation to SPY -1.5

Relative Volatility -0.5 (options are faily valued)

Market Trend Strength   -1.6% (StdDev 2.2%)
Hourly BBV -1.4 ()
Intraday Trend -0.9%

Next Day Open Price   $22.91(-0.18%)
Resistance Level   $24.19
5 Day Moving Average   $23.41(-1.96%)
10 Day Moving Average   $24.16(-5.01%)
20 Day Moving Average   $24.19(-5.13%)
To recent high   -10.6%
To recent low   9%
Market Cap   $N/A

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 3.22% (three month std-dev: 2.2% one year average std_dev: 0%) daily (68% of days).
$. SLV price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart Hourly Chart 15 Minute Chart

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Jan_15_2021	24.19 (0.2%)	24.16 (-0.7%)	23.41 (-0.5%)	23.49	23.41(0%)	22.95(-3.21%)	22.84-23.36	-1.4(-1.6)	-1.4	-0.6%	-0.6%	0%	-0.3%	Growing Downtrend	Range(0.4%)	5	45	1.5	-1.5	2.5	Correction	22.32(-2.74%)	22.21-22.76	41.4	-10.6%-9%
2	Jan_14_2021	24.23 (0.3%)	24.34 (-0.6%)	23.52 (-1.3%)	23.51	23.64(0%)	23.71(1.15%)	23.59-24.07	-0.6(-0.7)	1.2	-0.2%	-0.3%	0%	-0.2%	Growing Downtrend	Range(-0.5%)	6	52	1.4	-0.8	2.5	Correction	23.17(-2.26%)	23.08-23.57	33.71	-7.6%-12.6%
3	Jan_13_2021	24.2 (0.4%)	24.44 (-0.2%)	23.83 (-1.6%)	23.56	23.58(0%)	23.44(-1.18%)	23.38-23.74	-1(-1.1)	-6.4	-0.4%	-0.3%	0%	-0.02%	Growing Downtrend	Range(-0.1%)	6	54	1.4	-1.3	1.9	Correction	23.1(-1.46%)	23.02-23.41	23.49	-8.7%-11.4%
4	Jan_12_2021	24.15 (0.5%)	24.55 (0.1%)	24.21 (-1.6%)	23.98	23.38(0%)	23.72(2.2%)	23.38-23.83	-0.5(-0.6)	-1.4	-1.2%	-0.2%	0%	0.12%	Downtrend Reversal	Lower(-1.4%)	6	47	1.4	-1	2	Uptrend Consolidation	23.81(0.39%)	23.83-23.75	28.33	-7.6%-12.7%
5	Jan_11_2021	24.09 (0.6%)	24.64 (0.3%)	24.6 (-1.7%)	24.38	23.54(0%)	23.21(-1.28%)	22.92-23.49	-0.9(-1)	-1.9	-3.3%	-0.2%	0%	0.3%	Downtrend Reversal	Lower(-2.9%)	7	47	1.7	-1.4	1.6	Uptrend Consolidation	23.43(0.95%)	23.47-23.32	42.29	-9.6%-10.3%

6	Jan_8_2021	24.06 (0.7%)	24.74 (0.6%)	25.03 (-0.8%)	24.97	24.58(0%)	23.51(-6.93%)	22.74-24.76	-0.5(-0.6)	-1.2	-1.9%	-0.1%	0%	0.46%	Downtrend Reversal	Higher(1.5%)	7	47	1.8	-1.1	1	Uptrend	23.8(1.25%)	23.6-23.89	107.1	-8.4%-11.7%
7	Jan_7_2021	24.01 (0.7%)	24.79 (0.7%)	25.24 (0.4%)	25.33	25.21(0%)	25.26(-0.32%)	25.05-25.37	1(1.2)	-0.7	%	0.7%	0%	0.58%	Uptrend	Range(0.9%)	7	66	2.1	0.9	0.6	Uptrend	25.62(1.41%)	25.04-25.86	27.27	-1.6%-20%
8	Jan_6_2021	23.88 (0.7%)	24.61 (0.7%)	25.14 (0.8%)	25.16	25.37(0%)	25.34(-1.29%)	24.72-25.4	1.3(1.4)	0	0.2%	0.5%	0%	0.58%	Growing Uptrend	Higher(1.3%)	7	72	2.1	1.3	-0.8	After Top	25.52(0.71%)	24.49-26.36	54.85	-1.3%-20.4%
9	Jan_5_2021	23.75 (0.7%)	24.51 (0.8%)	24.95 (1%)	25.01	25.44(0%)	25.67(1.26%)	25.28-25.74	1.7(1.8)	2.6	1.5%	0.7%	0%	0.66%	Growing Uptrend	Higher(2.2%)	7	79	2	2	-0.3	The Top	25.78(0.43%)	24.57-26.77	32.75	0%-21.9%
10	Jan_4_2021	23.59 (0.8%)	24.33 (0.9%)	24.7 (1.2%)	24.71	24.95(0%)	25.35(3.17%)	24.87-25.61	1.7(1.9)	0.9	1.2%	0.6%	0%	0.7%	Growing Uptrend	Higher(1.8%)	6	76	1.8	2.1	-0.7	Overbought	24.84(-2.01%)	24.02-26.06	53.89	0%-20.4%

11	Dec_31_2020	23.44 (0.8%)	24.2 (1%)	24.42 (0.6%)	24.52	24.57(0%)	24.57(-0.77%)	24.37-24.73	1.2(1.3)	4.8	0.5%	0.4%	0%	0.7%	Growing Uptrend	Higher(1.3%)	7	72	1.8	1.2	1.1	After Top	24.79(0.88%)	23.94-25.48	24.6	-0.8%-16.7%
12	Dec_30_2020	23.32 (0.8%)	24.1 (1.1%)	24.27 (1.1%)	24.34	24.47(0%)	24.76(1.52%)	24.37-24.77	1.5(1.7)	5.6	0.5%	0.7%	0%	0.74%	Growing Uptrend	Higher(1.2%)	7	75	1.7	1.6	0.9	Growing Uptrend	25.23(1.88%)	24.51-25.41	18.42	0%-17.6%
13	Dec_29_2020	23.2 (0.8%)	23.91 (1%)	24.27 (0%)	24.14	24.46(0%)	24.39(-0.16%)	24.11-24.53	1.2(1.4)	-0.3	0.7%	0.8%	0%	0.66%	Growing Uptrend	Higher(1.6%)	7	64	1.6	1.4	1.2	Uptrend	24.69(1.23%)	24.17-24.91	23.84	-0.2%-15.9%
14	Dec_28_2020	23.04 (0.6%)	23.7 (0.8%)	24 (0.4%)	23.98	24.21(0%)	24.43(1.96%)	24.37-24.84	1.3(1.5)	-0.2	1%	0.8%	0%	0.62%	Growing Uptrend	Higher(1.8%)	6	64	1.8	1.5	0.8	Uptrend	24.73(1.21%)	24.19-24.95	29.3	0%-16.1%
15	Dec_24_2020	22.87 (0.5%)	23.49 (0.8%)	23.91 (-0.1%)	23.91	23.82(0%)	23.96(0.67%)	23.68-24.03	1(1.2)	0.1	0.1%	0.6%	0%	0.56%	Growing Uptrend	Range(0.7%)	5	65	1.8	1.4	1	Uptrend	24.24(1.18%)	23.77-24.45	10.55	-1.7%-13.8%

16	Dec_23_2020	22.76 (0.5%)	23.33 (0.8%)	23.94 (0.1%)	23.95	23.76(0%)	23.8(1.58%)	23.68-23.98	1(1.1)	0.4	-0.6%	0.6%	0%	0.58%	Correction	Range(0%)	5	64	1.8	1.4	1	Uptrend	24.08(1.17%)	23.61-24.28	24.63	-2.4%-13.1%
17	Dec_22_2020	22.65 (0.5%)	23.18 (0.8%)	23.91 (0.6%)	24.03	24(0%)	23.43(-3.9%)	23.31-24.13	0.8(0.9)	-2.1	%	0.3%	0%	0.56%	Uptrend Consolidation	Higher(2.3%)	6	63	1.7	1.1	1.2	Uptrend Dip	24.05(2.65%)	23.15-24.28	41.72	-3.9%-11.3%
18	Dec_21_2020	22.57 (0.4%)	23.11 (0.8%)	23.78 (1.9%)	23.94	24.13(0%)	24.38(1.75%)	24.1-24.5	1.8(2)	3.6	1%	0.7%	0%	0.52%	Growing Uptrend	Higher(1.7%)	7	75	1.7	2.3	0.1	Uptrend	24.62(0.98%)	24.04-24.87	43.08	0%-15.8%
19	Dec_18_2020	22.46 (0.2%)	22.94 (0.8%)	23.34 (1.5%)	23.55	24.05(0%)	23.96(-0.79%)	23.87-24.13	1.7(1.9)	2.2	1.5%	0.6%	0%	0.44%	Growing Uptrend	Higher(2.5%)	7	82	1.4	1.9	1.9	Relative Overbought	23.87(-0.38%)	23.14-24.47	29.65	-3.9%-13.8%
20	Dec_17_2020	22.38 (0.1%)	22.79 (0.8%)	23 (1.6%)	23.12	23.74(0%)	24.15(2.24%)	23.95-24.27	2.3(2.5)	2	2.4%	0.7%	-1.8%	0.4%	Growing Uptrend	Lower(-2.7%)	7	84	1.2	2.1	1.8	Approaching Top	23.91(-1.01%)	23.12-24.55	39.43	-4.3%-14.7%

21	Dec_16_2020	22.29 (-0%)	22.6 (0.8%)	22.63 (1.3%)	22.66	23.04(0%)	23.62(3.6%)	22.96-23.65	2.1(2.3)	3.6	1.7%	0.5%	-0.5%	0.28%	Growing Uptrend	Higher(1.7%)	7	69	1	1.6	2.2	Approaching Top	23.41(-0.87%)	22.88-23.85	45.76	-6.4%-12.2%
22	Dec_15_2020	22.23 (-0.1%)	22.46 (0.7%)	22.35 (-0%)	22.41	22.51(0%)	22.8(2.89%)	22.6-22.83	1(1.1)	2.3	0.6%	0.2%	0%	0.22%	Growing Uptrend	Range(0.8%)	7	65	0.9	0.4	2.3	N/A	22.72(-0.34%)	22.49-22.92	17.22	-9.6%-8.3%
23	Dec_14_2020	22.24 (-0.1%)	22.41 (0.8%)	22.36 (-0.6%)	22.31	22.28(0%)	22.16(-0.45%)	22.12-22.53	-0.2(-0.2)	-5.9	-0.4%	0.2%	0%	0.26%	Correction	Range(0%)	7	54	1	-0.2	1.4	N/A	22.24(0.37%)	22.2-22.28	16.08	-12.4%-5.3%
24	Dec_11_2020	22.27 (-0.1%)	22.32 (0.7%)	22.49 (-0.2%)	22.46	22.32(0%)	22.26(-0.27%)	22.19-22.43	-0.1(-0)	-5.6	-0.2%	0.3%	0%	0.22%	Uptrend Consolidation	Range(0.2%)	7	47	1	-0.4	1.5	Uptrend Reversal	22.43(0.78%)	22.29-22.53	10.74	-12%-5.7%
25	Dec_10_2020	22.28 (-0.2%)	22.21 (0.5%)	22.53 (-0.1%)	22.54	22.34(0%)	22.32(0.4%)	22.19-22.58	-0(0.1)	-1.7	-0.7%	0.2%	0%	0.16%	Uptrend Consolidation	Range(-0.5%)	7	49	1	-0.4	1.4	Uptrend Reversal	22.49(0.78%)	22.35-22.59	13.56	-11.7%-6%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low