| SLV latest price $19.9600 (-1.09%) ($19.9350 - $20.3200) on Thu. Oct. 12, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.46% (three month average) |
RSI | 27 |
Latest Price | $19.9600(-1.09%) |
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 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 advance at 0% a week (0% probability) GLD(82%) GDXJ(81%) SIL(81%) GDX(79%) XME(49%) |
Factors Impacting SLV price | SLV will decline at least -0.73% in a week (0% probabilities). UUP(-23%) TBT(-18%) SMH(-11%) XLK(-4%) JETS(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.73% (StdDev 1.46%) |
Hourly BBV | -1 () |
Intraday Trend | -1.4% |
| |
|
|