| SLV latest price $22.8800 (-0.17%) ($22.8200 - $23.1300) on Wed. Nov. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 79 |
Latest Price | $22.8800(-0.17%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 1% a day on average for past five trading days. |
Weekly Trend | SLV advances 4.3% 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(85%) GDX(83%) SIL(80%) IVW(64%) JNK(64%) |
Factors Impacting SLV price | SLV will decline at least -0.72% in a week (0% probabilities). EDOC(-38%) TBT(-27%) VIXM(-20%) UUP(-20%) VXX(-18%) |
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 | -0.72% (StdDev 1.44%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.3% |
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