| SLV latest price $16.8200 (-1.12%) ($16.6150 - $17.0300) on Wed. Jul. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 58 |
Latest Price | $16.8200(-1.12%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 0.7% a day on average for past five trading days. |
Weekly Trend | SLV advances 1.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SLV advance at 0% a week (0% probability) SIL(82%) GLD(80%) GDXJ(79%) GDX(77%) XME(41%) |
Factors Impacting SLV price | SLV will decline at least -0.875% in a week (0% probabilities). UUP(-34%) VIXM(-19%) VXX(-9%) TBT(-6%) UNG(1%) |
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 | -0.875% (StdDev 1.75%) |
Hourly BBV | 0.3 () |
Intraday Trend | -1.1% |
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