Last updated: Jan 8, 2026
SILVER (SLV)
Silver prices remained broadly stable over the past week (-0.22%) despite elevated short-term volatility, while ETF inflows ran about 1.4× above the 30-day average and futures positioning stayed net short. Declining volume points to consolidation rather than active distribution. Historically, similar mixed conditions—seen in several periods between 2019 and 2021—have been associated with sideways market behavior as participants awaited clearer signals, reflecting a balanced and uncertain near-term environment.
"Silver markets showed mixed but balanced signals today, with spot prices holding recent gains while ETF activity and futures positioning remained moderately offsetting."
Market Dynamics
Explanation
ETF inflows are approximately 1.4× above the recent average, while price volatility remains moderate. Trading volume has been decreasing, and the spot price has remained broadly stable with a −0.2% change over the past 7 days. A bullish volume–price divergence is currently present.
What’s happening right now
↔ ETF inflows 1.4× above 30-day average; spot price down -0.22% over 7 days; volatility elevated but controlled; trading volume trending lower; bullish price–volume divergence observed
Why this pattern matters historically
Current Period: Accumulation Score 51.5, Signal MODERATE. Historical context shows moderate accumulation phases have produced mixed outcomes, with backtest data indicating variable short- and medium-term returns depending on broader market alignment.
What data is behind this?
ETF Volume Ratio: 1.42×
vs 30-day average
Volume Trend: DECREASING
Price Change (7d): -0.22%
7-day change
Pattern: STABLE
Volatility Ratio: 1.59×
vs baseline
Current: 1.59×
Historical Outcomes Following MODERATE Signals
| Horizon | Avg Outcome |
|---|---|
| 1 Day | 1.20% |
| 7 Days | 4.16% |
| 30 Days | 11.67% |
Past outcomes are shown for educational context only and do not imply future performance.
Understanding the Data
- •Shows average price movement following similar signals
- •30-day horizon typically shows strongest outcomes
- •Data based on historical patterns, not future predictions