| SLV latest price $22.2700 (2.77%) ($22.0000 - $22.2900) on Fri. Nov. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 62 |
Latest Price | $22.2700(2.77%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 0.5% 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 | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SLV advance at 0% a week (0% probability) GDXJ(81%) GDX(79%) SIL(79%) VCSH(58%) CEMB(57%) |
Factors Impacting SLV price | SLV will decline at least -0.725% in a week (0% probabilities). VIXM(-22%) TBT(-22%) VXX(-20%) UUP(-18%) JETS(-16%) |
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 | -0.725% (StdDev 1.45%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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