18-Sep-2024
No press releases found.
Gold jumps to record high before swinging to loss after Fed's jumbo rate cut
Seeking Alpha News (Wed, 18-Sep 4:35 PM ET)
SLV Bearish Calendar Put Spread Appears to be a Steal at 33 Cents
Market Chameleon (Wed, 18-Sep 3:53 PM ET)
Commodity Roundup: Gold in tight range as Fed verdict looms, oil snaps two-day winning run
Seeking Alpha News (Wed, 18-Sep 6:01 AM ET)
Gold price may slip if Fed cuts only 25 bps, Goldman says, but still sees eventual rally
Seeking Alpha News (Tue, 17-Sep 5:55 PM ET)
Commodity Roundup: As rate cut hopes steer gold to record highs, silver shows potential
Seeking Alpha News (Tue, 17-Sep 5:59 AM ET)
Sector-wise weekly ETF flows - money pours out of financials and into consumer staples
Seeking Alpha News (Tue, 17-Sep 3:36 AM ET)
Small caps are better positioned than large caps amid 50 bps rate cut - analyst
Seeking Alpha News (Mon, 16-Sep 10:45 AM ET)
Commodity Roundup: China's oil demand falls, gold hits another record high on rate cut hopes
Seeking Alpha News (Mon, 16-Sep 6:10 AM ET)
SLV Iron Condor Spread Can Make 61% in Next 5 Days
Market Chameleon (Fri, 13-Sep 10:08 AM ET)
SLV Bearish Calendar Put Spread Looks Cheap at 10 Cents
Market Chameleon (Fri, 6-Sep 1:43 PM ET)
The objective of the iShares Silver Trust is for the value of the shares of the iShares Silver Trust to reflect at any given time the price of silver owned by the iShares Silver Trust at that time less the iShares Silver Trusts expenses and liabilities.
iShares Silver Trust trades on the ARCA stock market under the symbol SLV.
As of September 18, 2024, SLV stock price declined to $27.24 with 34,104,325 million shares trading.
SLV has a beta of 0.49, meaning it tends to be less sensitive to market movements. SLV has a correlation of 0.04 to the broad based SPY ETF.
SLV has a market cap of $13.81 billion. This is considered a Large Cap stock.
In the last 3 years, SLV stock traded as high as $29.56 and as low as $16.19.
SLV has outperformed the market in the last year with a price return of +29.0% while the SPY ETF gained +27.8%. However, in the short term, SLV had mixed performance relative to the market. It has underperformed in the last 3 months, returning +1.2% vs +2.9% return in SPY. But in the last 2 weeks, SLV shares have fared better than the market returning +6.5% compared to SPY +1.7%.
SLV support price is $27.46 and resistance is $28.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SLV stock will trade within this expected range on the day.