| SLV latest price $22.8600 (0.35%) ($22.7100 - $22.9600) on Fri. Jul. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.54% (three month average) |
RSI | 80 |
Latest Price | $22.8600(0.35%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 1.6% a day on average for past five trading days. |
Weekly Trend | SLV advances 3.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SLV advance at 0% a week (0% probability) GDXJ(78%) GLD(78%) SIL(78%) GDX(76%) BWX(57%) |
Factors Impacting SLV price | SLV will decline at least -0.77% in a week (0% probabilities). UUP(-36%) TBT(-34%) VXX(-6%) VIXM(-6%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.77% (StdDev 1.54%) |
Hourly BBV | 1 () |
Intraday Trend | 0.3% |
| |
|
|