| SLV latest price $26.2300 (2.42%) ($25.9500 - $26.4200) on Mon. Aug. 31, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 67 |
Latest Price | $26.2300(2.42%) |
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 1.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(83%) GDXJ(80%) GLD(79%) GDX(78%) BWX(42%) |
Factors Impacting SLV price | SLV will decline at least -1.7% in a week (0% probabilities). UUP(-35%) VIXM(-18%) VXX(-9%) TBT(-7%) IGOV(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.7% (StdDev 3.4%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.7% |
| |
|
|