| SLV latest price $22.5400 (0.22%) ($22.4700 - $22.9200) on Wed. Oct. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.78% (three month average) |
RSI | 59 |
Latest Price | $22.5400(0.22%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 0.4% a day on average for past five trading days. |
Weekly Trend | SLV advances 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 advance at 0% a week (0% probability) SIL(83%) GDXJ(81%) GDX(79%) GLD(79%) BWX(42%) |
Factors Impacting SLV price | SLV will decline at least -1.89% in a week (0% probabilities). UUP(-34%) VIXM(-17%) VXX(-8%) TBT(-7%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.89% (StdDev 3.78%) |
Hourly BBV | -0.5 () |
Intraday Trend | -1.2% |
| |
|
|